Posted on 08/30/2025 6:01:07 AM PDT by cuz1961
Run Time 54 m.
/ " started noticing something was off in home appraisals,” says Mitch Vexler, whistleblower and expert on property valuations. He tells Daniela Cambone: “They were inflating property values to jack up taxes, and that was feeding into trillions in school bond debt that I believe will spiral.” On the scope of the problem, Vexler is blunt: “We’re talking about $5.1 trillion in school bonds that are based on these inflated appraisals. That’s massive—this is a ticking time bomb for local governments and taxpayers alike.” He warns of consequences for the bond market: “School districts are relying on this debt, and if the real numbers catch up, there’s no way they can sustain these payments. We’re looking at a potential collapse if nothing changes.”
/ More at
Homes Appraisers Caught Lying to "Hike" Property Taxes (Mitch Vexler's Criminal Complaint)
https://www.youtube.com/watch?v=Mrsp7CJ0hNc
Mitch Vexler files criminal complaint with the DOJ claiming homes are falsely appraised to create higher tax revenue for the school districts. What this could mean for home owners and real estate investors.
A ping out to the Texas Ping list, founded by Windflier.
A fraud that is national, but he is from Denton. Ever wonder why your property taxes only go up? Starts with the years before inflation in the mid-2010s. Focuses on school bonds, but no government segment is immune.
Another special Texas summer edition for your perusal.
As always, please FReepmail me if you want on or off the Texas Ping list.
Blessings, and stay cool!
Bkmk
I saw a YouTube video on this a couple of years ago. Another piece of the Great Democrat Grift - one that hits especially hard in Texas. Finding uncorrupted prosecutors and judges to deal with it will be the trick.
It seems the school districts propose large building projects which appear to pay off one bond, creating another large bond and use the difference to fund the project. Those bonds never seem to be paid off, just rolled into the next one…..
Property taxes are immoral. If they must be used, then they should only be assessed on the value of the house at the time of original sale, and the valuation should only change on the next sale. Otherwise, is taxation on an unrealized gain.
They have been jacking up our value for several years. I fight it, knock it down, and the next year it raises by half the amount knocked off. Its a money grubbing scheme because they know people won’t vote to raise sales tax (its just) a penny.
I hate these people. and its worse because sellers in our neighborhood see their value has risen, and list the house for even more (we are in the 375-400k range now for 165-200k 1968-1972 homes) out of staters come in and snag them up thinking its a great price, then the circle starts over.
I have a friend who got a job with a Texas Property Management company. He was excited. He had to travel and lived out west but was hired by this Texas company.
He quit after a few months because of their dishonest business practices. He’s a Christian who would not participate in their fraudulent activity. Bending the rules, being deceptive, etc.
Texas is full of fraud it seems...but I know it’s in other states too. He found a better job and is happy. God took care of him.
Drop two constitutional amendment proposal bills in the hoppers and fight to limit the ability of Democrats to buy votes at the expense of the middle class.
Federal taxation on personal income shall be capped as follows:
below 20% of the median federal full-time civilian employee compensation amount, 10%,
below 50% of the median federal full-time civilian employee compensation amount, 22%,
below the median federal full-time civilian employee compensation amount, 30%,
below the average federal full-time civilian employee compensation of the 100,000 largest recipients, 35%,
below the average federal full-time civilian employee compensation of the 10,000 largest recipients, 40%.
[Note 1: All percentages to include employee FICA and self-employment tax as they are income taxes.]
[Note 2: These are very close to the combined (1040 + employee FICA & Medicare) personal income tax rates now levied.]
[Note 3: Anything that the IRS would as of January 1, 2024 legally be able to collect income tax on if provided to any person would be considered compensation.]
Levies on any residential property of less than 2799 square feet of finished living space shall be no higher than the 2019 dollar amounts for the property, or for a newer or since resold property no higher than what it would have been levied at for 2019 if it lacked owner specific tax breaks, increased by 3% per calendar year since 2019 and by any percentage increase to its finished living space.
Fighting in Congress to send middle-class income and property taxation cap constitutional amendments to the states would make Congress turn deep red come 2027.
Ok. Fine. Crash it.
But those who will defend property taxes rather than eliminating them forever should be very, VERY worried about their future.
Real property might be assessed on the square root of the square footage of a housing unit for school taxation.
A 900 square foot apartment would pay 3/5 the school property tax of a 2,500 square foot house.
Single family homeowners are subsidizing slumlords.
High school could be moved to an online basis.
Social Security disability for a child could be payable to the child’s school district provided the school district provides services for the child.
It is my understanding that Texas schools often have a Texas size stadium building fetish.
There have been a few YT vids on this regarding the Texas real estate market. Homeowners were getting unreasonable tax hikes on their property in Houston and several counties. The tax hikes were supposedly based on comps in the neighborhood, but come to find out they were not. The comps were actually from OTHER neighborhoods outside of the county.
He's writing about milam county here.
Hell, prolly all of them.
NYS to Texas: Hold my beer...
We know that Texas county officials are fairly conservative, but they are still government employees with the ability to raise taxes.
How about county officials in NY, IL, NJ or CA? The list of states that can participate in this fraud just goes up.
And most of those states don’t have a speed check on raising taxes.
lol I bet
I haven’t lived in my home state of Texas in 30 years. But I have visited plenty. I’ve always been amazed at the number and scale of huge new schools my small home town has been able to build. It’s unreal. It sure looks like fraud could be involved.
Exactly!
The smallest of towns, in Texas, have high school football stadiums (and campuses) that would make MANY colleges envious.
HUGE Jumbrotrons and scoreboards, fancy stadium seating, etc.
We drove by my old high school, last year, and, noticed a HUGE, spendy scoreboard in the same, tiny stadium...with several really nice, new athletic buildings in the immediate area.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.