San Francisco Will Be First in Nation to Make City College Free

[bluebooger]

... An increase in real estate transfer tax...

didn't read the article

what is a "transfer tax"

if you buy my house, does this mean one or both of us has to pay a tax for the privilege of buying and selling ?

[jsd]

here you go:

Real estate transfer taxes are taxes imposed by states, counties and municipalities on the transfer of the title of real property within the jurisdiction. Real estate transfer taxes can also be used for specific purposes, such as affordable housing and open space development.

The tax was increased on properties that are transferred valued at $5million or more. In California that tax is currently 0.11%. I have no idea what the new rate is in San Francisco for this change.

[bluebooger]

here you go:

"Real estate transfer taxes are taxes imposed by states, counties and municipalities on the transfer of the title of real property within the jurisdiction. Real estate transfer taxes can also be used for specific purposes, such as affordable housing and open space development."

The tax was increased on properties that are transferred valued at $5million or more. In California that tax is currently 0.11%. I have no idea what the new rate is in San Francisco for this change.

I seem to agree more and more with Ron Swanson with each passing day

https://www.youtube.com/watch?v=RUilUzH5kx8

https://www.youtube.com/watch?v=M689xuNgJyA

[Life Long Learning]

So illegals need NOT apply.......Right! or just the rule against legal types?

No need to debate the political merits here JSD.....its all being said in the comments section of this article. https://www.yahoo.com/news/san-francisco...05087.html

Note that this is for Community College and to access the "free" funds one would have to live in San Fransisco for a year and a day.....if you can afford that I bet you can afford the tuition in the first place. https://www.ccsf.edu/en/student-services...-fees.html

[rebel100]

So illegals need NOT apply.......Right! or just the rule against legal types?

I don't know what point your trying to make.

[Joeman200]

TINSTAAFL - There is no such thing as a free lunch

[Prloko]

States I've read about doing free community college are paying for through lottery money.

Community college tuition/book costs add up. Many people make too much to qualify for help but not enough to pay cash for cc.

The State Lottery "The hidden tax of the poor and people really bad at math".

[Prloko]

I get your point, but I'm not sure where you're getting those particular sources of funding. The article laid out pretty well where the funding is coming from: An increase in real estate transfer tax for properties over $5million.

Hence my use of the term "etc." in my original comment. Which disputes the article's premise (I know you didn't write it) of "free college". My point is that its not free, it comes from somewhere. Just as a police force is not free, clean streets, etc, etc, etc.

[topdog98]

The State Lottery "The hidden tax of the poor and people really bad at math".

Our state uses lottery funds for "free" college. I think of it as poor people paying for the education of kids of the middle class.

[Johann]

Our state uses lottery funds for "free" college. I think of it as poor people paying for the education of kids of the middle class.

The State Lottery "The hidden tax of the poor and people really bad at math".

"Lotteries - a tax on imbeciles." Italian statesman, Camillo Benso, Conte di Cavour (1810-1861).

True. I won $10 this week. They'll get it back...

J.