$10 to a worthy charity is what you word is worth..

The suicided rate exceeds you too. At least I am honest.

[censored] U as you stand by a base

Well this is entertaining, a drunk guy arguing with himself cause a geriatric hurt his feelings.

A state lottery would fix everything.

Fuel taxes will take care of our roads....

It's never enough

I think this idea has merit. You know what you are getting yourself into when you buy the house. I do not think sales tax alone can create the revenues needed without having significant negative affects.

you had your chance

I love the USA because you can live anywhere you want, you are not forced to live somewhere and pay exorbitant prices if you don't want to. We are on several hundred acres and are Ag exempt. Most people in DFW pay way more property tax than we do for a 1/8 acre lot you can pee across. Makes absolutely no sense but people still pay it.

I hear school districts talked about all the time like it's a huge deal to be in a certain one. I promise that little Johnny will not become full retard if he doesn't get to go to (insert uppity school name here). Kids graduate every single year from small rural schools and become very successful members of society.

Here is a good article that probably has more information than you want to know
about land appraisal, exemptions and rollbacks (which are actually an 8% increase).
And good news!

If the taxing unit then proposes a tax rate for the current year that is higher than the rollback rate,
residents can petition within 90 days to limit the size of the tax rate increase.
https://agrilifeextension.tamu.edu/.../texas-property-taxes/

Thanks for the math.
It is amazing that the article posted is called "Bad Math," and they do bad math right in the first page.

The math is good. Maybe not so well written as some are having trouble following it.

The sentence where it references $36 billion is clear that it is state and local taxes sales taxes which would typically be 8.25% that generated $36 billion and not 6.25%.

Difference is the initial price investment of the rural land vs. the house in town. And Ag/exemption is only on the property not the 1 acre with a home….that’s still taxed Ad Valorem. So it’s not exactly apples to apples what you are comparing.

And the school district comes into play more with extra curriculars, sports programs and academic resources available in a urban or suburban school vs. smaller rural schools. There is a difference.

Point is you pay way more for way less at the end of the day.

I have more faith in my offspring than most I guess. I don't need my kid to speak Mandarin or be on the fencing team to be successful in life.

If this does become a state income tax and the state controls all dollars. I wonder how they will divvy it up equally.
It would be my thought that a lesser populated county like Palo Pinto will bring in more in property tax than they will in sales tax. They could be short.

My main complaint when I lived in Texas was the property tax wasn't indexed to income. After 6 neck surgeries, my wife was forced into early retirement. We lost her $50k annual income, but my property taxes kept going up. Moving to Alabama 7 years ago, my property taxes the first year was $625 and are currently $750. Yes, I pay a state income tax and a sales tax on more items like groceries, but all those taxes are based on A) Income and B) Personal Spending. A home doesn't generate income until it is sold. But you have to pay a wealth tax on it every year based on how much your county thinks it is worth in todays real estate market.

I follow you. But they are still off a bit.
I cringe at the thought of a 20%+ sales tax. But then property taxes suck too.

Some people take property taxes very seriously.
They were increased in the township of Bath, Michigan to pay for a new school
and in 1927 Andrew Kehoe blew up the school killing 38 children and 6 adults.
It would have been worse but one of his two bombs failed to go off.
Bath School Bombing

2Drunk must be sleeping in today!

The International Association of Assessing Officers https://www.iaao.org/
has an informative and even entertaining article about property taxes from 6,000 B.C. to the present date.
The History of Property Taxes

Makes sense, I didn't realize it was the 8.25 rather than 6.25.

Another factor to consider....commercial property owners pay a large amount of property taxes as well. I wonder how that would factor into all of it?

Kinda wonder if 20% sales tax would be less in the end than the $5800 smackers we pay to Chicken Chit Property Tax. Almost $4000 of that is to Screw/School Tax. At least mine if locked for the older's.

This is a one upper post.

I got tired of it and paid off the house with the income frog selling a lot that was near.