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TEXAS ANNOUNCES LARGES PROPERTY TAX DECREASE IN HISTORY
Texas just announced it had the single largest property tax decrease in the history of the United States. Earlier several weeks ago, there were talks about Texas eliminating property taxes and today we get this breaking news about Texas reducing property taxes with potentially having the lowest property taxes in the nation. I will post updates on this developing story once I get more details on this topic.
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This discussion was modified 1 year, 4 months ago by
Gustan.
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This discussion was modified 1 year, 4 months ago by
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5 Replies
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Here is the link to the article from One News Network about Texas biggest tax cut in history. This is a MUST READ:
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That’s fantastic news for Texas homeowners!
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That is awesome!
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Property taxes should be disbanded and most of government services should be privatized. We definitely need government for compliance to enforce private companies. However everything from education, streets and sanitation, police, fire, should be privatized and contract winners should be based on merit and not political favors. Chicago is hands down the most corrupt city in the nation and jobs are based on political affiliations. Normal Joe’s can get hired as police officers but you need political support to get promoted and move up the ranks.
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That’s a huge development for Texas homeowners! The $18 billion property tax cut, signed by Governor Abbott, is historic. Doubling the homestead exemption from $40,000 to $100,000 and allocating $7.1 billion to lower school district tax rates are significant steps. This will provide substantial relief to many Texans. It’s great to see you keeping an eye on this story. Do you think this move will greatly impact the real estate market in Texas?