Wednesday, January 16, 2008

Michael Sneed: Tipsville

From the Sun-Times columnist today about the real estate transfer taxes embedded in the transit bailout bill...
Sneed hears Ald. Isaac Carothers and Ald. Ed Burke are preparing an amendment keeping senior citizens exempt from the new real estate transfer tax proposal hidden in the transit bailout package.

• • The buckshot: "It's a burden they shouldn't have to shoulder," said a Sneed source . . . referring to the proposed tax increase on the sale of a home from $7.50 to $10 per $1,000.

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