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No such thing as a temporary tax increase!

Mark Duclos

In 2008 the legislature passed a two year extension on the “temporary” increase of the real estate transfer tax. Well once again the legislature is looking for yet ANOTHER extension of that temporary tax! It doesn’t look like a question of “IF”.  Instead it looks like a question of “how long”? (One or two years).  One of the reasons why? “The local governments are counting on the tax for revenue”.  Aren’t we all (looking for more revenue!!)!?!

See attached Hartford Courant article: Real Estate Tax

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