I live in Texas. I’m down for any candidate besides “Wheels”.
However, the “eliminate property taxes” line gives me pause. There has to be a mechanism that funds roads, police, emergency services, schools, and infrastructure - especially at the city/county level. Unless he has a viable PLAN for alternative funding, this is just a hollow campaign promise. And I think we’ve all had just about enough of that.
No property taxes is an attention grabber, but doesn’t seem feasible. Do we have an issue with rising property taxes, absolutely. Does a state income tax pick up the slack? Food tax? Even higher sales tax? That tax revenue isn’t going away, it just may have a different name.
Also, I think this guy is from the Huffines car dealership family.
If you compare property taxes to income taxes of another state it really boils down to the same percentages. The only reason I'm OK with property taxes over income taxes is that it's the people that can afford it are the ones paying the taxes, not the poorest that don't have enough to own a house. On the flip side of it, renters end up paying higher rent when property taxes go up. Economics is complicated.....
Several years ago, Dan Patrick made a decent point in favor of having an income tax replace property taxes: if you lose your job, you lower your income tax payments, but you'd be stuck with paying the full property tax.
I live in Texas. I’m down for any candidate besides “Wheels”.
However, the “eliminate property taxes” line gives me pause. There has to be a mechanism that funds roads, police, emergency services, schools, and infrastructure - especially at the city/county level. Unless he has a viable PLAN for alternative funding, this is just a hollow campaign promise. And I think we’ve all had just about enough of that.
No property taxes is an attention grabber, but doesn’t seem feasible. Do we have an issue with rising property taxes, absolutely. Does a state income tax pick up the slack? Food tax? Even higher sales tax? That tax revenue isn’t going away, it just may have a different name.
Also, I think this guy is from the Huffines car dealership family.
Replace property taxes with what? Income tax? Piss on that. Dude is blowing smoke.
If you compare property taxes to income taxes of another state it really boils down to the same percentages. The only reason I'm OK with property taxes over income taxes is that it's the people that can afford it are the ones paying the taxes, not the poorest that don't have enough to own a house. On the flip side of it, renters end up paying higher rent when property taxes go up. Economics is complicated.....
Found the commie.
Economics is simple: TANSTAAFL and stop stealing.
Several years ago, Dan Patrick made a decent point in favor of having an income tax replace property taxes: if you lose your job, you lower your income tax payments, but you'd be stuck with paying the full property tax.