Blog

Why So Quiet?

Notice that among all the big real estate sales news the State is awfully quiet?  I remember 2007 when the State brought in so much money from excise tax on the sales of real estate that they then began finding all kinds of places to spend it as if that money would flow in at the same rate forever.  It didn’t yet I imagine that we were stuck with the spending.  I sure hope this isn’t happening again.  It would be nice if, for a change, the State came out and said that with all this new revenue from real estate sales they decided to lower the excise tax rate.