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To: ConservativeMind

Texas has no state income tax. But its property taxes are very high. If states don’t get the revenue one way, they get it another. Which is better? I have no clue. Other factors may be more important. But property taxes aren’t tied to income, while income taxes are.

I think liking other lifestyle-related things are more important than taxes, but that’s just me.


11 posted on 01/17/2020 7:27:40 AM PST by SaxxonWoods (Epstein pulled a Carradine, the bozo.)
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To: SaxxonWoods
Born and raised in Katy, TX and bought my first house there in the Mayde Creek MUD. My property taxes in the 90's was +/- $6000/year (but my water bill was only $45/month).

Now here in Florida my two wooded rural acres property taxes is less than a grand a year. I have well and septic and all electric - only one bill besides mortgage (OK, car insurance and cell phones... and food!).

I think sales tax is a wash as it doesn't apply to grocery foods or prescriptions, two big expenses. It's mostly on discretionary spending. I can live with that...

35 posted on 01/17/2020 7:59:50 AM PST by jeffc (The U.S. media are our enemy)
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To: SaxxonWoods
Texas has no state income tax. But its property taxes are very high. If states don’t get the revenue one way, they get it another. Which is better? I have no clue. Other factors may be more important. But property taxes aren’t tied to income, while income taxes are. I think liking other lifestyle-related things are more important than taxes, but that’s just me.

Texas has an average overall property tax of 4%-5%. California has 3%-5%. However, a $250,000 home in a Texas major urban/suburban area cost $1,000,000-$1,500,000 in California. So who is really paying the higher property tax? The difference will sure pay for a lot of lifestyle.

One way to insure you get creamed on taxes is to ignore the real economics of them.

52 posted on 01/17/2020 8:38:15 AM PST by CMAC51
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To: SaxxonWoods

It is a question of freedom. In states with no income tax, individuals have greater freedom of choice. The individual decides where he spends his money and does not pay for others. My property taxes are not significantly higher than mine were in Maryland in the ‘90s. I live in a “red” county, no County wide elected DemocRATs and only 1 statewide elected dmocRAT.


81 posted on 01/17/2020 11:53:24 AM PST by grwcfl537
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