Property Taxes
The next time you walk into Lowe’s and they ask if they can help you, you might say, “Yeah, pay your fair share.” Big-box retailers are trying a new-fangled strategy to lower their property taxes, and in some states, it is working. It’s called the “dark-store” strategy, borrowing a commercial real estate term that means…
Since I write for a real estate publication, I get the, uh, benefit of hearing a lot about property taxes and how people feel about them. It’s because of that I can feel pretty confident when I say that this may not have been the year to try a 13-cent property tax increase, even if…
“Candace, do they even care how property taxes affect small businesses? Property taxes are by far my biggest expense. I pay over $100,000 a year in property taxes. I would love to hire another $45,000 employee, but I am holding off until I know what our property taxes and other taxes will do.” How many…
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…
On Thursday, Dallas County Judge Clay Jenkins sent out an email announcing two public hearings to discuss lowering the tax rate in Dallas County down to 22.638 per $100 valuation from 24.31. He says that, because the county is flush with cash from all our increased property values, this can be done and still generate…