Oklahoma’s Fallon wants to model Texas’ tax structure in Oklahoma. Very bad idea. If you have a job you can pay your income taxes from what you earn. Not so much with property taxes. No job, can’t pay the high taxes. Bad idea in Texas and bad idea in Oklahoma.
Texas is no retirement haven, can’t afford it. Texas is supporting a huge number of dependents, legal and otherwise. It would be Kalifornia before now if it were not for the less liberal business climate and enough oil and gas to get buy.
My taxes in Texas have doubled in the last 14 years, not so much my income. They go up even when the price of housing is going down. Make sense? No, of course not. How is it that the “citizens” on the appraisal boards can do this to their fellow citizens? Where did they come from.
Hostile panel here. Libs are libs if they are polite or not.
Do you actually take your case before the appraisal review board, or do you just deal with the on-the-payroll county appraisers?
We have property in five counties. I have always had success in getting a fair appraisal when I plead my case before the board, even when the CAD insists on a higher value.
One county tried to raise the value of a rent house 17% this year, despite a flat market, and after multiple consultations with the CAD, with facts and figures, the appraisers simply would not back down. Five minutes with the appraisal review board, showing them comparable actual nearby sales, and they overruled the appraisers and left the value at last year’s figure.
The trick is to go with a simple presentation of actual comparable sales and properties, using demonstrable facts and figures. An emotional argument or a presentation without evidence won’t work.
I think local governments are insisting the CADs set higher appraised values this year to bring in more tax dollars without raising rates. They count on many property owners not filing protests.
What would you think of a property tax that was capped as a percentage of your income? IE - if you're a successful farmer or own an appt building, you would pay the full amount of property tax. But if you were a retiree with little income and a bunch of land, the property tax would be reduced.