Home sales tax bill submitted to State Legislature

Legislation Targets Sales Tax on Real Estate
By Taxpayer Association of Oregon
Sign the No Home Sales Tax Petition Here

With the state and local governments facing a budget deficit in the billions there is tremendous pressure to generate new revenue sources. In a short organizational session House Bill 2518 was sponsored at the request of the House Interim Committee on Revenue and attempts to lift the existing pre-emption on real estate transfer taxes. This legislation would allow local governments (city, county, district, political subdivision or other municipal corporation) to impose multiple layers of a tax at the point of sale during a real estate transaction.

Oregon’s economy and real estate market is struggling. A new tax increase on real estate will make it harder and more expensive to buy or sell real estate in Oregon negatively impacting Oregon’s housing market and economy bringing transactions to a halt and stopping job growth. Unfortunately, many families are forced to sell their home or are facing foreclosure due to a job loss or pay cut. It is unfair to impose a new tax on Oregonians facing severe financial hardship, who are already paying high property taxes.

Protect Oregon Homes is pursuing a ballot measure to permanently defeat new sales taxes on real estate. Make a commitment to get involved today and help eliminate this threat to housing affordability and the dream of homeownership. To learn more and calculate how a new tax would impact you visit: www.ProtectOregonHomes.com

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Posted by at 09:58 | Posted in Uncategorized | 44 Comments |Email This Post Email This Post |Print This Post Print This Post
  • With home values in Oregon plunging, here’s another poke in the eye to long-suffering homeowners. This legislation reduces the value of homes across our state even more, lowering the amount an owner can hope to realize from a sale. It also throws more homes “underwater” – making them worth less then the owner owes on his or her mortgage. It also makes homes less affordable for low income Oregonians and young people seeking their first home.

  • With home values in Oregon plunging, here’s another poke in the eye to long-suffering homeowners. This legislation reduces the value of homes across our state even more, lowering the amount an owner can hope to realize from a sale. It also throws more homes “underwater” – making them worth less then the owner owes on his or her mortgage. It also makes homes less affordable for low income Oregonians and young people seeking their first home.

  • Steve Plunk

    Raising taxes during an economic downturn? Why doesn’t the Oregon Legislature understand economics? My disgust for the greedy politicians and public sector grows every day.

    • Ron Marquez

      …..”Why doesn’t the Oregon Legislature understand economics?”…..

      They’re taking lessons from the Illinois legislature. Not moving as aggressively but give them time and they’ll get there.

  • conservatively speakin

    Left Coast, oxymoron less cost govt, economics ‘prelated’ here:
    >The Governor of California (or OR or WA) is jogging with a dog along a nature trail.
    >A coyote jumps out and attacks the Governor’s dog, then bites the Governor.
    >1. The Governor starts to intervene, but reflects upon the movie
    > “Bambi” and then realizes he should stop because the coyote is only
    > doing what is natural.
    > 2. He calls animal control. Animal Control captures the coyote
    > and bills the State $200 testing it for diseases and $500 for relocating
    > it.
    > 3. He calls a veterinarian. The vet collects the dead dog and
    > bills the State $200 testing it for diseases.
    > 4. The Governor goes to hospital and spends $3,500 getting checked
    > for diseases from the coyote and on getting his bite wound bandaged.
    > 5. The running trail gets shut down for 6 months while Fish & Game
    > conducts a $100,000 survey to make sure the area is now free of
    > dangerous animals.
    > 6. The Governor spends $50,000 in state funds implementing a
    > “coyote awareness program” for residents of the area.
    > 7. The State Legislature spends $2 million to study how to better
    > treat rabies and how to permanently eradicate the disease throughout the
    > world.
    > 8. The Governor’s security agent is fired for not stopping the
    > attack. The State spends $150,000 to hire and train a new agent with
    > additional special training re: the nature of coyotes.
    > 9. PETA protests the coyote’s relocation and files a $5 million suit
    > against the State.
    > The Governor of Montana is jogging with his dog along a nature
    > trail. A Coyote jumps out and attacks his dog.
    > 1. The Governor shoots the coyote with his state-issued pistol and
    > keeps jogging. The Governor has spent $0.50 on a .45 ACP hollow point
    > cartridge.
    > 2. The Buzzards eat the dead coyote.
    > And that, my friends, is why California is broke and Montana is not (one of only four States in the black!).

    • Twobirdstwo

      Good common sense applied in Montana.
      To much government control in California.

  • Ron Marquez

    Let’s see now…..in session for a little over a week and the first tax proposal surfaces.

    Congratulations, legislators. You held off longer than I thought you would.

  • Mime

    We need this tax so that local governments have the money necessary to care for the poor. I myself am poor and rely a lot on local government help to get by. The way I figure it is that if someone can afford a house (I sure can’t) then they can sure afford a few dollars for the homeless, the downtrodden, the less fortunate. Am I wrong? This nation was predicated on the forced help from the rich to the poor and this measure will only help to continue that blessed tradition.
    Sure, it sounds bad at first, but it is really going to help people like me who go to the library a lot, use the local free housing, transportation, counseling, health clinic, etc. We need this assistance all year long, not just at Christmas, where we get a lot of stuff. I sign up at all the places where you can and I really got a lot of great stuff this year. Now I need help getting new tunes for the iPad I got and some new clothes to go along with my new shoes and outerwear.
    Anyway, I am working on becoming a mime, so I need help until I can get a paying gig, and believe it or not, the state doesn’t have all the answers. Local governments often give guys like me even more (once you learn how to play the system).
    This fair tax will help to ensure prosperity for all, not just the rich, who already have more prosperity than they can handle.

    • Reuben

      At first I didn’t follow but after a while it made perfect sense. Why should we try and succeed when failure feels so good

    • walker

      More taxes over the past 60 years has not decreased the volume of poor. In fact trying to help them has increased the poor. Don’t forget that decades ago the poor could still buy a house. Guess who made a major contribution to the poor not being able to buy a house?

      I now see lot’s of very able young people on the dole off the backs of hard working people. This has to stop.

      While we are at it lets do some major wage cuts at Federal, state, county and city governments.

      • Twobirdstwo

        10% cut – starting at the top and working all the way down through to the bottom.

    • Sparkleplenty27

      You have got to be kidding, right? Surely this is placed to rile up readers, not as a legit comment, because it is just too absurd to be real. If you are looking for a paying “gig” as a mime, you are not poor, but lazy. You enjoy the fruits of other’s labors, which is WRONG. Get off your ass and go flip burgers if need be. IF you think someone is going to pay you to shut up, that would be as stupid as you thinking you’ll be paid to be a mime. And since you know how to work the system, you surely can handle a job making change at a takeout window.

    • Twobirdstwo

      We will pray for your recovery

    • Thou Fool

      You’re “poor” yet you own a computer. Clearly, you don’t own a home or you wouldn’t be in favor of another property tax on our already huge property tax. You probably don’t dive a car either so you’re in favor of a higher gas tax. I think people like you should not be allowed to vote since you participate. People like you should get off the couch and get a real job and help yourself. I think people like you should shut up and sit down. Homeowners are not rich, just responsible. You lazy little louse.

    • Mary’s Opinion

      Although I know this written with “tongue in cheek” it still made me a little angry because there are people who live by this belief. This nation was not “predicated on the forced help from the rich to the poor.” It was predicated on the individual goal of freedom, independence and self reliance.

  • Rupert in Springfield

    Could Oregon kindly move its revenue problems off the table by moving its employees into the real world rather than working on new and inventive ways to tax everyone?

    “Hi government employee. Guess what, starting tomorrow you will have to start paying your part of the contribution to your retirement, you will have to pay taxes on that retirement and you know what else? No automatic raises just because you showed up to work, no more getting a raise just because the minimum wage went up. In other words you will have to deal with the same conditions in the workplace as those who pay your salary, the private sector worker.”

    “Don’t like it? Well, 10% unemployment means we have a line of people right outside that door waiting for your job. It doesn’t take a college degree to work at the DMV desk. Barely finishing high school, 8-10 hours of on the job training and you are a pro. Your replacement will be a pro just like you were by this time tomorrow”

    I would suggest announcing a wait list for all of these jobs. I would suggest having the sign up for that list in a large ballroom with a rope line and plenty of security. On one side have the union negotiators for the next contract. On the other have the rope line of people signing up on the list and being interviewed for the jobs should negotiations fall through.

    Should such negotiations fall through it would be a rock two or three weeks getting everyone up to speed, probably be fine after that.

  • CorvallisKen

    Yes, Mime, you are wrong. There are many programs available to help individuals like you improve themselves to be able to improve their lives WITHOUT extorting the hard-earned wages of others to support your ‘simple’ needs. I know because they worked for me. You, too, can get off your welfare butt and make something useful of your life. There are billions of people in the world who will confirm for you that there are NO poor people living in the United States, only those who choose not to work for the prosperity available to them.

  • Mert Greif

    what do our representatives not undrstand about no new tax? they need to just spend less. Terminate people, cut tax supported staff and limit empire departmental growth. Do like the rest of us have to do……….do more with less money! Grow a spine!

  • Firestick

    While the headline of this bill is unacceptable, it should be mentioned that 1. people should read bills before making inaccurate comments as those inaccuracies are used as excuses to continue this kind of BS. 2. The bill does protect from increase first time homebuyer transactions (at least for now). It also sets a graduated scale that reduces said fees and taxes the longer the seller has the home. These two provisions are aimed directly at speculators who flip houses for a living, which as we know drove up home prices to unsustainable levels to begin with. Homes are to live in, not be traded like baseball cards by those who are very similar in basic nature to the Wall Street criminals that blew up that Casino. People have to read bills and have to stop voting for incumbents of any stripe. The way and by whom local, state and federal governments do their completely self-serving business must change and will if we get the career political hacks out of office. The Unions have prospered with their intrusion into the public sector after they flat-lined the private sector. So even with the advertised limits on this tax, this state must change its personel (both in size and identity) and its basic philosophy about the role of Government. Government service (so called) should never pay well. It should be a contribution of regular citizens for short periods of time for the betterment of the state and its people period. As long as you keep electing the same party-line dedicated members and other existing career politicians, how can you expect a different result. The next election should put people in office (at all levels) who will committ to severe term limits AND who believe and will see employment in the private sector as being the most attractive. The mime things was sarcastic political humor. It worries me that people don’t read comprehensively and even those that do often don’t undertand what they are reading. We are becoming functionally illiterate as to comprehension – both with initiatives, candidate assessments and political choices. Lose the emotion and simply stay with fresh, truly representative blood. Only way the garbage is going to change, here, there, and everywhere.

  • Shavermd

    Please put a name on the sponsor of the bill.

    • Anonymous

      2011 Oregon House Interim Committee on Revenue

      Phil Barnhart (D) Central Lane and Linn Counties District 11, Co-Chair 
      Vicki Berger (R) Salem District 20, Co-Chair 
      Jules Bailey (D) Portland District 42, Co-Vice Chair 
      Katie Eyre Brewer (R) Hillsboro District 29, Co-Vice Chair 
      Cliff Bentz (R) Baker District 60
      Sara Gelser (D) Corvallis District 16
      Val Hoyle (D) West Eugene District 14
      Matt Wand (R) Troutdale and Gresham District 49

  • Reper

    Trading homes like cards. This comment is not realistic. Who does this?

    For homeowners, their home is their life.

  • Tujunga1

    Great. I live in the cheapest home I can own – a manufactured home. If I sold it, would maybe see $30,000 if I am real lucky. With that kind of money, I can’t afford to buy a conventional home, then on top of it I get stuck paying a tax if I purchase a new one? While I realize Oregon needs more revenue, hitting the lower middle class (if I even qualify to be in it) is not an answer. I am going to let everyone in my park know about this to be sure. Since this is the last “affordable” housing, would like to see it stay that way!

  • Tomgoevel

    if this would cut down on flipping homes and pushing home prices up I’m all for it.

  • Mbjur

    Fire them ALL! and start over. Carrer politicians have NO place in our government.
    What ever happend to “statesmen”?
    More of the business as usual with over bloted, over paid and under worked politicians.

  • reply to reper

    While areas vary, a majority of rental homes are owned by flippers who bought and them could not sell them. Look in your local paper’s rentals to see “who does this”.

    Only home owners who actually live in the home they own could claim their home is their life. And the percentages of 2nd and 3rd homes or more are way too high to be valid. I don’t like the tax/fee bill but I also don’t like the unrealistic and ridiculous escalation of home prices in the last ten years. What I could have bought ten years ago for $150K rose to over $400k at least at the peak before the bubble burst. The only ones making out were the realtors. Lawyers, politicians, and realtors are unneeded middlemen to an already over bloated economy. Did I forget the unions as well. Look around. You as a proud homeowner are surprisingly rare in the scheme of things. And you should not be penalized if you have to sell to relocate to a better home or another area for whatever reason. A home is indeed precious but should never have been viewed as solely a fiscal investment. A home is to live in but not for all, sadly.

  • Budopitz

    Well Kitzhaber is back so legislative talk or more taxes is not surprising. More taxes is the Democratic Party Creed. Oregon, Washington and California better known as the ‘left coast’. never have understood basic economics i.e. Oregons Socialist Democratic Party standard operating proceduer is “tax and Spend”, obviously, oblivious to the fact that to spend money the State has to have revenue. Causing additional taxing on anything during this failing economy will drive the State and the Country further into financial disaster. They have already lowered tjhe value on our homes and… for the past two years increased property taxes. ingnoring hundererds/thousands of foreclosures. sales and resales at a all time low. No noew homes being built and unemployment are key players to our failed economy. Support to our Small Businesses is vital to employment.(Not everyone can work for the Government.) Portland area liberal socialist vote em in (with thae support of the liberal press), Democratic Politicians keep raising taxes. Do they really think that our heirs/children will be able pay for this. The rest of the country is waking up but the
    coastal state inhabitants got their heads underwater. The economy need jobs.Creating jobs will improve the economy. Adding more taxes ain’t the answer.

  • Why should we try and succeed when failure feels so good.

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