That’s my only question, will property taxes go down?
Unfortunately, the answer to that question in easy.
No.
Once the “gaming industry” is legal in a state, it quickly owns every politician and expands everywhere.
The U.S. is turning into a big casino.
All special interests, all the time.
The Tribes in Oklahoma will be carpet bombing donations over Texas State reps to kill this.
They need to find another way to lower property taxes. Gambling brings so much crime with it. and generally is an additional “tax” on the poor who think they’ll hit the jackpot.
Remember, when we got the lottery, it was for the schools for the kids. didn’t do much for THOSE property taxes.
Growing up in Texas I never thought I would see gambling legalized.
Texas is republican today but like the rest of America, it is not anywhere close to what it used to be.
“The Corleone family is getting out of the olive oil business and moving to Dallas”
Well it will give the illegals somebody to mug.
DeSantis is doing something about the illegals and the woke a-hole infestation. Abbott is focused on legal gambling. Abbott=Pence.
So the gaming industry finally made a contribution that Abbott feels is adequate.....
“Perhaps the gambling revenue can be used to lower the outrageous Texas property taxes. Wishful thinking…”
It doesn’t work that way. Instead it works like an Income Tax in a state that doesn’t have one. The new Income Tax, rather than lowering the sales and property tax, simply EXPANDS the state government and turns Red States into Blue States.
So NO THANKS Governor Abbott (who I really do like), Texas made it this far by sending their gambling addicts to Louisiana, we can make it further doing the same.