Word: taxingly
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Dates: during 1990-1999
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...Cambridge transfer tax, according to Thompson's office, would ask for a fee of one percent on sales in excess of $300,000. This fee would be paid to the City of Cambridge and allocated to the Cambridge Affordable Housing Trust Fund...
After the failure of the Cape land bank proposal, State Rep. Eric Turkington (D-Falmouth), the sponsor of the bill, is pessimistic about another real-estate tax bill--for the Cape or for any other part of the state--passing any time soon...
However, State Rep. Alice Wolf (D-Cambridge), a supporter of real estate taxes, says real estate tax bills in general are "uphill battles...
Wolf is currently shepherding a nontransfer tax alternative bill through the state legislature...
Referring to the Cape failure as a landlord-versus-tenant issue, Thompson says that unlike the Cape, Cambridge has many tenants--voters who are sure to support the transfer tax...