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During a discussion with the Texas Public Policy Foundation Friday afternoon on bills passed during the 88th legislative session, Texas Gov. Greg Abbott talked about the ongoing work to reduce and eventually eliminate the state's property tax.
Abbott reiterated Friday to TPPF CEO Greg Sindelar his intent to deliver to residents the largest property tax cut in the history of the state that will eventually lead to the elimination of property taxes.
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Even that's too often imho. Should be 5 Months every 4 years, that they meet.Texas has sessions every other year, 2025 session just started)
Only way to do that, is with a head tax where everyone pays the same $ amount. Anything else allows for far too much $ to be collected, and too much $ collected in taxes can only lead to them spending it and increasing the size of gov.The bottom line is, ALL tax is onerous, and inherently unjust. Also unavoidable. What's needed is to keep it to a minimum. Meaning, keep government to a minimum.
I am not convince a property tax is all bad. In MN, food you buy to prepare and clothes are not subject to the sales tax. I would think something similar to property tax. Your primary home not taxed, or some kind of exemption. Maybe in town, a city lot exempt, suburb- an area, and rural 5 acres. Something like that.
I don't know how else to fund the local government other than through usage taxes like gasoline, electric, water and sewer. I guess entry fees into parks would create a whole new cast of meter maids?
The question is "What do we replace it with?" ...
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For those concerned about how the state will sustain paying down the M&O tax, the governor said Texas' annual economy produces $2.3 trillion per year and that $17 billion to drive down property tax this session worked out to less than one-tenth of 1% of the state's GDP.
"We can do it," Abbott said.
The governor added that reducing the property tax burden would save residents billions of dollars per year, much of which may then be spent in the state, further increasing the sales tax revenue and growing the GDP.
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Why not just charge those living in the particular jurisdiction, an equal tax that pays for the services provided?I don't know how else to fund the local government other than through usage taxes like gasoline, electric, water and sewer. I guess entry fees into parks would create a whole new cast of meter maids?
Good.Unfortunately, inflation was killing the last government agency i worked for, sign blanks up 30%, poles up 55%, and so on....and if McD's is paying $12/hr the government must at least match that.
Eliminate government schools, and property taxes would be very low and affordable.Nobody is talking about how they are going to replace lost tax money, who gets fucked instead of the homeowner...cause you know they aren't going to cut spending...
But you would end up doubling the prisons. How would less fortunate get an education, charity?Eliminate government schools, and property taxes would be very low and affordable.
Exactly. Similar here in Alaska. But the student budget is $440,000 per class.Florida, the average teacher salary is around $55,397 annually, with benefits including health insurance, retirement plans, and paid time off, and salaries can range from $41,986 to $73,569.
Some states a lot more because of "Cost of living"
Like they use to before the government took it over? People were much better educated then too.But you would end up doubling the prisons. How would less fortunate get an education, charity?
But what they all have in common, is their assertion that the taxes are too much.People who live in Texas are gonna whine about Texas taxes, they sure aren't gonna whine about other state's taxes.
It's all a matter of perspective. If it effects you, that's what you're gonna whine about .
I agree, other people in other states may have a worse tax situation but that's for them to whine about.
The two biggest expenditures in cities and towns are generally the police and teachers
Like they use to before the government took it over? People were much better educated then too.
Proof that public education is a total waste of time and money. My guess is taxpayers are also paying for these college educations.
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