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REALTORS® say ‘no’ to state tax on services

By: Kim Shindle on in

Pennsylvania REALTORS® will take to the Capitol in Harrisburg on Wednesday to tell state lawmakers they oppose Gov. Ed Rendell’s 2010-11 budget proposal to tax professional services, including REALTOR® commissions.

PAR President Don Roth will speak at a press conference at 1 p.m. in the Capitol Rotunda. The results of a statewide survey will be revealed that show that an overwhelming majority of Pennsylvanians oppose the proposed tax on professional services involved in the home-buying and –selling process. 

The governor’s proposed budget would reduce the state sales tax to four percent but expand it to include REALTOR® fees and 73 other currently exempted items. If enacted, Pennsylvania consumers would have to spend thousands of dollars more to purchase a home since a four-percent tax would also be levied on: appraisal, attorney, title and real estate agent fees, credit reports, mortgage originations, home inspections, surveys, title searches, construction, and architecture and site preparation fees.

REALTORS® are encouraged to attend the press conference to show their opposition to the proposed tax on professional services.

For real-time updates from the press conference, follow PAR E-Communications Specialist Meghan Tinkham @PAR_Meg and Communications Specialist Kim Shindle @KimStamps on Twitter as they ‘Tweet from the Hill.’

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Comments (6)

Comments

  • Nancy Andiorio   March 22, 2010 at 9:31 am

    This is something all Realtors should be aware is being proposed. We should all get behind the effort to oppose this.

    Reply to Nancy Andiorio
  • sylvia geissinger   March 22, 2010 at 10:00 am

    A Realtor tax on WHAT ! ! After broker splits-agent co-broke split–Federal income tax–local school tax–PA Revenue tax–price of gas for all the miles—Multi-list fees and dues–depreciating prices to get a measly commission on —there is nothing left to tax. Is the Governor being manipulated by banks to get Realtors in the bank the way insurance did ? ? ?

    Reply to sylvia geissinger
  • ray laracuente   March 22, 2010 at 10:42 am

    To me this really seems like double taxation. Our commissions are allready taxed as earned income.

    Reply to ray laracuente
  • Bill   March 22, 2010 at 3:39 pm

    I agree this is double taxation. So why should we be double taxed? We have families to support too, especially during these difficult times. The Governor should feel the pain and cut out waste in state spending & cut his state income. Or he should also get double taxed on his income from the state and his job on Comcast Eagles Postgame Live Show. Also, I thought they were getting all this income from the state gaming places they setup. What happen to that money? Plus we now have to pay for this big new Health Care Bill too. We will not have any money left to support our families. I served this country & I find this very offensive on what they want to do to us. They are out of control.

    Reply to Bill
  • Well, this could be interesting… « Jeff Bowman The Realtor's Blog   March 22, 2010 at 4:27 pm

    […] http://www.parjustlisted.com/archives/3642 […]

    Reply to Well, this could be interesting… « Jeff Bowman The Realtor's Blog
  • Robert Minnis   March 25, 2010 at 6:06 pm

    Two things to be thankful for: Data mining, which produced a powerful poll, that has all of the pro-service tax folks seriously concerned for re-election, and secondly, this “PAR Just Listed” which could be the vehicle to get the word out to everybody. Transaction costs are something of an unknown amongst the general public and when the added total closing costs combined with the down money is presented, most folks will realize just how expensive and prohibitive buying a house can be.
    Agents need to bring this to the attention of their brokers now. Can you imagine the collection process and reporting by the brokers?

    Reply to Robert Minnis

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