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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.
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.
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.
At this point we need death penalties, and it isn't about the money.
Thanks for posting.
The Texas House pushed forward a proposal Monday aimed at containing property tax bills by putting tighter restrictions on cities and counties.
The legislation would further limit how much more in property tax revenue cities and counties can collect each year without voter approval. Under state law, that limit sits at 3.5%. The bill would take that limit down to 1%.
“I believe that we need to venture and do everything we can at the state level to provide lower taxes to our constituents,” said state Rep. Morgan Meyer, R-University Park, who carried Senate Bill 10 in the House.
The bill, which passed the Senate earlier this month, cleared the Texas House by a 78-52 vote.The Senate will either accept changes House lawmakers made to the bill or find a compromise.
Such a limit comes at a tricky time for localities. Cities and counties have already had their budgets crimped by the state’s current limit on property tax revenue enacted in 2019. The cost of paying for essential services like police and fire protection and road construction have only grown since then as the state’s population boomed. Localities have also brought in less revenue from sales taxes thanks to a slowing economy. Federal pandemic relief dollars have all but dried up, and there’s uncertainty over future federal funding.
Local officials and Democratic lawmakers raised concerns that cities’ and counties’ public safety spending and ability to recruit police officers, firefighters and paramedics as well as maintain equipment needed to respond to public safety calls would take a hit under the proposed limit. Police and fire spending tend to make up the majority of a city or county’s budget. City and county officials asked lawmakers last week to consider some kind of carveout for public safety spending.
Local school district tried to pass a >$100 million bond saying it wouldn’t raise taxes. They were going to just take all of the principal that had already been paid back and squander that. No new taxes!
Property tax valuation by the government is only loosely correlated to actual property value, i.e., they’ve always “lied”.
That’s why, when local governments need more money, they either change the rate, or change the assessed value.
Now, when it comes to bonds, what percentage of the bond payments make up the spending? If it’s too high, they will have big problems because they are unwilling to cut spending.
It's about time somebody woke up to this con game! School districts are the worst when it comes to grifting. Texas law defines that school districts must tax at a rate of $1 per $100 of property value, but can't exceed $1.17 per $100. They also have to have any increase above $1.04 be put to the voters. They know that any school tax increase will likely get shot down at the ballot box, so instead, they put put the heat on the local tax assessor to increase property appraisals. And, the Texas Education Agency is a willing accomplice to this shakedown.