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Measure for measure

Submitted by on 1, October 14, 2008 – 8:30 amNo Comment

Well folks, we had planned to set today’s space aside for arguments for and against Measure P, which if passed will raise the property transfer tax – the tax you pay when you buy or sell a house – from $5.40 per $1,000 of sale price to $12. But nobody got back to us with arguments, so here we are!

We’d offer a pro-P argument here, except that the city councilfolk have already moved on to wagging the finger at Alameda voters for the bad budget times ahead!

They’ll tell us all about those at the council meeting next week, which is roughly six months before next year’s budget needs to be approved and about six weeks before the Fiscal Sustainability Committee they put together offers its in-depth report about the city’s finances. (Though to be fair, the FSC’ers are also slated to discuss the city’s big, fat public safety post-employment benefit bill next week as well.)

If we were the guessing type, we’d guess the Realtors, who oppose the measure, are wondering why the council put it on the ballot if they didn’t think they could get any support for it, couldn’t get it passed and it wouldn’t fix the city’s budget problems anyway.

Well, there is one group in favor of the tax: The folks out at OE3, the union that represents maintenance workers out at the golf course and other city employees. Their argument in favor of the measure is here, and the No on P folks’ response is here.

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