That headline is not entirely accurate now, because, after Dallas County Judge Clay Jenkins told me this morning that no one has signed up to speak on lowering the tax rate, I signed up. But others should, too. As I told him, most taxpayers will likely be at work — in their offices, in the courtroom, in the hospital — making money to pay those higher taxes.
Why is it so important to attend tomorrow’s meeting? As we told you last week, property taxes are way up and have hit everyone, particularly moderate income level wage earners, particularly hard this year. Home values may have increased, but that doesn’t help you unless you are selling and moving to a less pricey area. State law prohibits the annual rise in taxable property values from exceeding 10 percent for homeowners who claim homestead exemptions, that is, who live in their homes. If you have investment properties, you will pay through the nose and probably are. And you, like me, will likely raise the rent to cover.
Which means: this is the bottom rung in making housing ever more untouchable, unaffordable.