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Study: Mitt Romney’s tax plan could save millionaires $87,000 and raise taxes on the middle class | Naked Politics

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Florida’s Intangible Tax and Mortgage Tax Stamp Big Cost for Seniors! The documentary stamp tax on promissory notes is paid upon recording of the mortgage which secures the note and is collected at closing. This tax is calculated by multiplying the amount of the promissory note by 0.35% and is paid to the State of Florida. This tax is typically paid by the buyer/borrower. 5. intangible tax on the Mortgage.

A New Study Shows How Mitt Romney's Plan Raises Taxes For The. plan would end up cutting taxes by about $87,000 on millionaires. And they found that if Governor Romney wants to keep his word and. "That means the average middle-class family with children would be hit with a tax increase of.

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