Texas Property Taxes
It seemed the Texas Legislature was close to agreeing on a plan for property tax relief, but almost a month into a special session, that hasn’t happened. The House and the Senate are standing firm in their proposals. Gov. Greg Abbott has said he remains committed to lowering property taxes and he’s open to a…
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Taxes are paid so that government can pool monies that enable it to embark on projects that enrich society as a whole. When government is underfunded, education and infrastructure suffer. Anyone who jumped for joy at their measly property tax reduction this year also abdicated their right to complain about DISD, potholes, or Fair Park. …
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Texas rests in real estate tax ignominy, coming in fifth in WalletHub’s 2016 ranking of state property tax rates at 1.97 percent, though our media home value is the lowest of similarly taxed states at $131,400. We’re coming in behind No. 1 New Jersey (, No. 2 Illinois, No. 3 New Hampshire, and No. 4 Wisconsin.…
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Wallet Hub did a very interesting analysis when it comes to the various tax systems employed by individual states in the nation. Come to find out, Texas’ tax system, which relies heavily on property taxes to fund our government services, is rated as one of the most unfair tax systems. Of course, after our recent…
Read MoreI survived, but John Ames’ office … or maybe last month’s ice storm… is certainly responsible for the demise of my complexion. I received not just a tax delinquency statement but a pile of letters from lenders wanting to “help me out”: “Your 2010 Texas property taxes were due on January 31, 2011. According to…
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