Texas - Property tax bills may disappoint

Victoria Advocate ^ | 10/26/06

[Howard Jarvis Admirer]

Attn: Tax Slaves in Taxus: Per Hendrix, a $200,000 house in Houston pays $7,735.00 per year. In California, under Proposition 13, a $200,000 house has a 1% tax cap so $200,000 x .01 is $2,000 per year less $70 homeowner exemption or $1,930.00 per year. California tax savings over Taxus: about $5,805.00 in savings per homeowner.

See www.hjta.org for permanent tax solutions for overtaxed homeowners.

Hint, it doesn't involve trusting politicians or their promises.

[UNGN]

Attn: Tax Slaves in Taxus: Per Hendrix, a $200,000 house in Houston pays $7,735.00 per year. In California, under Proposition 13, a $200,000 house has a 1% tax cap so $200,000 x .01 is $2,000 per year less $70 homeowner exemption or $1,930.00 per year. California tax savings over Taxus: about $5,805.00 in savings per homeowner.

See www.hjta.org for permanent tax solutions for overtaxed homeowners.

Hint, it doesn't involve trusting politicians or their promises.

I'm not saying we are undertaxed, but a $200,000 house in Texas is twice the size of $200,000 house in California.

Does proposition 13 mean I have to go back in time to buy a house?

I think it does.

If that is the case, people living in 20 year old houses in Texas aren't paying crap for taxes. It's the new 4000 square foot ones that hurt.

I'll take Texas' financial situation over Californian's any day of the week.

[RockinRight]

I'm not saying we are undertaxed, but a $200,000 house in Texas is twice the size of $200,000 house in California.

Try four times.

[Howard Jarvis Admirer]

The question is not whether the State of Taxus has a better financial condition than the State of California - the question is whether your financial condition as a Taxus taxpayer/homeowner is better than a California homeowner under Proposition 13. Is maintaining Taxus's financial condition worth being taxed to death? If your answer is yes, Tax and Spend politicians everywhere salute you - welcome to foreclosure and bankruptcy court.

I personally would prefer the government go bankrupt rather than me - after all, if the bureaucrats and politicians squander the money in California, why shouldn't they pay the price instead of the taxpayers?

Remember, in California, Homeowners have their property taxes capped at 1% of the purchase price, with no reassessments, and with the right to vote on any property tax increases. You should get on your knees and beg your local Taxus politicians for just one of those rights. Californians have all three - maybe that is why California houses are worth more than houses in Taxus. :)