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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (26449)3/28/2005 3:48:56 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
WOW indeed
That would sure put a damper on new homes if that was nationwide

Mish



To: CalculatedRisk who wrote (26449)3/28/2005 6:10:53 PM
From: Roads End  Read Replies (1) | Respond to of 116555
 
There is no sales tax on housing in Washington state. There is an excise tax of 1.28% on the sale of real property. Washington also has property tax and a severe B&O tax that taxes the top line of businesses.

BTW, Boeing recently relocated to Chicago out of Washington and you can bet the tax environment had something to do with it.


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