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Frequently Asked Questions

1. What is the BROOKHAVEN TRANSFER TAX a/k/a The Community Preservation Fund?

The Transfer Tax or Community Preservation Fund is a 2% TAX that is collected by the Town of Brookhaven on the sale of your home.

2. Who pays for the TAX?

EVERYONE!  When you buy or sell your home you will be forced to pay the money for this tax.  The Tax proposal clearly makes this tax the LEGAL RESPONSIBILITY of both the buyer and seller.  In the event the buyer does not pay the tax, the SELLER MUST PAY THE TAX!  Senior citizens will have to pay thousands more in new taxes when they decide to sell their home to retire.  Your children won’t be able to afford to live in Brookhaven.  Everyone gets a chance to pay this tax.

3. How long does this tax last?

BELIEVE IT OR NOT, BUT THIS TAX LASTS TWENTY (20) YEARS!!!  YOU GET THE CHANCE TO PAY THIS TAX OVER AND OVER AGAIN IF YOU WANT TO BUY OR SELL A HOUSE IN BROOKHAVEN.

4. Who gets to spend all this money?

Due to a loophole in the law, the politicians will be able to spend YOUR money anyway they want without YOUR approval for the next twenty (20) years.  So relax and enjoy this tax.  It is estimated that this tax will generate 35 MILLION dollars in year ONE.  Over twenty years this will add up to 700 MILLION dollars.  Ask your local politician if they plan to borrow against this fund, in which case the TOWN OF BROOKHAVEN WILL HAVE OVER A BILLION DOLLARS OF TAXPAYERS MONEY TO SPEND.  This new tax will open the floodgates for BIGGER GOVERNMENT and MORE WASTE.

5. Why is the Brookhaven Transfer Tax the wrong solution?

Long Island and Brookhaven already have the highest taxes in the nation.  This new tax will further increase property taxes.  Brookhaven voters already approved a $100 million dollar bond issue for open space acquisition two years ago.  Nearly half of the Town’s land is already off the tax rolls, yet our taxes continue to go up.  The Town does not manage the open space that it currently owns.  Where is all this money going?  Ten percent (10%) of the monies pay for ADMINISTRATIVE EXPENSES and APPOINTEES to run and manage the program.

6. Why is this tax wrong for me?

The Town of Brookhaven will have 2% stake in the equity of your home.  As the value of your home grows the cost of the tax increases.  If you ever decide to move within the Town of Brookhaven, you’ll get taxed again and again for the next 20 years.  There’s no escaping this tax.

7. What can I do to help defeat the Real Estate Transfer Tax (a/k/a Community Preservation Fund) on the ballot this November 6, 2007?

You can help stop the Brookhaven Transfer Tax by:

  • Join us and our fight against this new tax.  There’s strength in numbers.  Sign up for our e-mail updates.  Our e-updates will keep you educated and informed on this important issue.  Let us know if you want a bumper sticker, lawn sign or just information.  Thank you.
  • Urge your friends and neighbors to join us by signing up for e-updates on our website.
  • Contact your elected officials and let them know you think this tax is a BAD IDEA.  See our website on how to contact your local politician.
  • MOST IMPORTANTLY, VOTE “NO” TO THE BROOKHAVEN TRANSFER TAX THIS NOVEMBER 6, 2007.  Every vote counts, and we need YOUR vote to stop this new TAX.  Protect your equity and your home.

THE ISSUE
The Proposed Brookhaven Transfer Tax will impede homeownership. STOP the HOME TAX NOW!
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Take Action today and stop this very harmful tax that makes buying a home more costly!