Then donât drive on highways, home school kids, and Disband the military. Should be a small price to pay so that you donât feel like you have been robbed.
If youâre not collecting state income taxes then there is no money there. Thatâs kinda the very definition of a âshortfallâ. And they have to make up for it somewhere.
Feel free to live somewhere where there is nothing available paid for by taxesâŚschool, police, roads, fire services, defense from foreign invaders, electricity, water, health and safety laws/inspections, etc.
I would note that Florida has no state income tax, yet property taxes are substantially lower. Florida is generally a low tax State all around, yet manages to provide sufficient services and maintains its infrastructure.
States differ substantially on what is provided from the State level and what is provided from the local level. A substantial examination of Texasâs total State & local revenues by type would be needed to see what âpotentialâ revenue sources (other than personal income) are not being exploited, that would lead to property taxes being as high as they are. I would not be able to give a meaningful answer in the absence of such information.
Ouch. In Surry County, North Carolina, if I end up with a $400,000 assessment on my property, (I am expecting closer to $350,000), I would be paying $3,000 on non-homestead. I guess Texanâs are getting rooked.
Last December, when I went deer hunting in NC, I almost felt guilty for it being so easy out there. The wet snowy weather did help me out. I took two deer in two days with almost no effort in the hunt. (Donated both deer for the homeless.) Lots of ideal deer area up there, with a low population and relatively few public hunting areas in my immediate area.
Like NJ Texas has had a very heavy increase in immigration over the past decade or so and a lot of illegal immigration. Many of these immigrants are not in the best paying jobs but typically have multiple children. Education is a huge expense and itâs property taxes that cover it. Personally I was surprised by how high Texas property taxes are.
I had this discussion with people when they wanted to remove the income tax in Michigan. The states that donât have income taxes replace them with other taxes or their situation is special.
Wyoming - Where the Rich Vacation/No one lives there
Washington - High Sales Taxes
Texas - High Property Taxes
South Dakota - Banking Capitol of USA
Nevada - Las Vegas
Florida - DisneyWorld
Alaska - Oil
In the end, the governor would not sign the legislation. This is because when he asked what programs would be cut or taxes raised to fund the revenue decrease, the Republican leader in our House shrugged and said, âWeâll figure that out laterâ