A proposed excise tax on the sales of homes in unincorporated Kittitas County is resulting in an outpouring of both public inquiry and feedback to the Kittitas County Board of County Commissioners, with residents having the chance to voice their opinions on the issue at a public hearing next Tuesday.
The homes subject to the tax are currently being taxed at one quarter of 1% under what’s referred to as the real estate excise tax, or REET 1. The proposed increase, referred to as REET 2 would increase the excise tax to one half of 1%. The tax is paid by home sellers upon the sale.
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