Home sellers are already overtaxed. And with this additional tax the state is currently enjoying its third consecutive budget surplus. It’s basically a double property tax and just another underhanded scheme used by municipalities to squeeze more out of you.

Seniors and those living in urban areas are hit hardest. The middle class too, because their biggest investment is most often their home.

You invest a great deal of your hard-earned income in your home. Remodeling, maintenance, local property taxes, mortgage—the expense list goes on. And now you find out that you must pay a tax just to sell your own house? Outrageous. You've earned that equity; keep it. Contact your state and local officials to end the double taxation.