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Started By
Message
re: Texas property tax
Posted on 5/31/19 at 9:13 am to JamalSanders
Posted on 5/31/19 at 9:13 am to JamalSanders
quote:
That money pays for the services your property receives. Fire, police, utilities.
1. It doesn’t pay for utilities.
2. It also goes towards things many people don’t need or want (e.g. public schools).
7
Posted on 5/31/19 at 9:20 am to MikeBRLA
many people don’t need or want (e.g. public schools).
--WTF??
--WTF??
Posted on 5/31/19 at 9:22 am to MikeBRLA
quote:
2. It also goes towards things many people don’t need or want (e.g. public schools).
quote:
LSU Fan
Baton Rouge
Ah, makes sense now.
Posted on 5/31/19 at 9:32 am to MikeBRLA
quote:
It also goes towards things many people don’t need or want (e.g. public schools).
Where do you think your Louisiana state income, property, and sales tax go now?
Posted on 5/31/19 at 9:42 am to Antonio Moss
quote:
Where do you think your Louisiana state income, property, and sales tax go now?
A paper shredder.
Posted on 5/31/19 at 9:42 am to Tiger Prawn
quote:
Can’t avoid income taxes, but you can always buy a cheaper house and reduce your taxes that way.
You can easily pay less income tax. Just get a lower paying job.
Posted on 5/31/19 at 9:51 am to lsuson
People from Louisiana bitching about taxes in texas, hilarious
Posted on 5/31/19 at 9:51 am to ctiger69
quote:
Might want to look up the Robin Hood Tax for Texas. Part of your property tax goes to the state of Texas and your property tax money can be used for the poor neighborhoods that are 2000 miles away in El Paso Texas to fix up their schools instead of the school one block from where you live
True, but as soon as our elementary school became crowded, the ISD broke ground on a new school 5 miles down the road. So, even with the Robin Hood thing, we still get shite done.
Posted on 5/31/19 at 9:52 am to lsuson
quote:
Dallas and bought a house just a little over $350,00
I was house hunting in Dallas earlier this year. I would love to know what area your buddy bought a house IN Dallas for 350,000.
Posted on 5/31/19 at 9:53 am to ctiger69
quote:
Might want to look up the Robin Hood Tax for Texas. Part of your property tax goes to the state of Texas and your property tax money can be used for the poor neighborhoods that are 2000 miles away in El Paso Texas to fix up their schools instead of the school one block from where you live.
OK? If that money goes to bettering schools, bettering their education, and the tradeoff is a citizenry that commits less crimes, less reliant on government help, etc. why would anyone complain about that?
Posted on 5/31/19 at 9:58 am to lsuson
it's always been this way in Texas. The problem is for years high property tax kept the value of taxes down. The housing market has exploded in most big Texas cities in the last year so that has driven the price of homes up . It's starting to hurt the market in other areas. You have people that have owned homes for 15-20 years who will pay more in property taxes in the next 10yrs then they paid for their house. That's bullshite
Posted on 5/31/19 at 9:59 am to lsuson
A lot depends upon where you live in Texas. We recently bought a home in rural Hood County (southwest of Fort Worth) for much more than $350k and our taxes are well south of $12,000 a year.
At one time we had a home appraised at about $250k in Collin County, within the city limits of Dallas and within the Plano School District. All three of those jurisdictions have high tax rates and appraise your property at unrealistic values (I had to go to three different boards every year to get some relief). Our taxes then ran about $6,000 to $7,000.
At one time we had a home appraised at about $250k in Collin County, within the city limits of Dallas and within the Plano School District. All three of those jurisdictions have high tax rates and appraise your property at unrealistic values (I had to go to three different boards every year to get some relief). Our taxes then ran about $6,000 to $7,000.
Posted on 5/31/19 at 10:00 am to lsuson
Fun fact: Texas doesn’t levy a property tax. In fact the state constitution prohibits it.
Posted on 5/31/19 at 10:00 am to chryso
quote:
You can easily pay less income tax. Just get a lower paying job.
or keep the higher paying job and live within your means.
win-win.
Posted on 5/31/19 at 10:12 am to lsuson
That's all?
Posted on 5/31/19 at 10:21 am to WoWyHi
As its values grow, Austin ISD pays more of its local tax revenue to the state
2016
Local money= 600 million
Recaptured local money= 100 million
2018
Local money= 600 million
Recaptured local money= 600 million
Nice trend. Your increased property taxes are going 2000 miles away and not right down the street. Austin will look like San Francisco soon enough as California policies are implemented and continue to grow.
LINK /
2016
Local money= 600 million
Recaptured local money= 100 million
2018
Local money= 600 million
Recaptured local money= 600 million
Nice trend. Your increased property taxes are going 2000 miles away and not right down the street. Austin will look like San Francisco soon enough as California policies are implemented and continue to grow.
LINK /
Posted on 5/31/19 at 10:35 am to 3nOut
quote:
Don’t want to pay a shite ton, don’t buy a shite ton of house
Makes sense in year 1.
If you are in an area where tax values are rising at 6+% a year, which is a lot of the state, your taxes are likely rising faster than your income.
Posted on 5/31/19 at 10:38 am to MikeBRLA
One positive with the property taxes is that they go to fund either the county or local schools (generally, as I think some dollars are redistributed around the state from high income to lower income districts). I like this better than paying an income tax that goes to a central state govt to be used/wasted on who knows what. If you want to keep a government limited and prevent waste, don't let the dollars get in their hands to start with.
Posted on 5/31/19 at 10:42 am to 3nOut
quote:
I find Texas Republicans to be very hypocritical and large government when it comes to bonds.
I know in Katy ISD, they would promote the bonds as in "no new taxes needed".
The idea was that, the new schools were needed to prevent overcrowding. The new taxes collected on the new homes/businesses being built near the new schools, would be enough to pay back the bond.
Posted on 5/31/19 at 11:00 am to MikeBRLA
quote:
2. It also goes towards things many people don’t need or want (e.g. public schools).
While I don't have a need for the schools it still benefits me to have good schools near my house as it helps support my property value.
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