"Priced out:" Texans fed up with the politics of property taxes
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- Опубликовано: 8 июн 2023
- Top Texas Republicans are at an intractable impasse on property tax relief. For Texans anxious about rising property taxes, that's adding to their frustrations. KXAN's Ryan Chandler reports.
Any tax that can cause anyone to lose their home that is paid for should be illegal.
Absurd. All that requires is a lack of income or other expenses like medical bills.
Property tax on a primary residence is fucking theft.
You keep voting Red.
@@smokingjoe9864 yeah tell that to the people of California
@@jc940 You realize the states with the highest poverty rates are Republican /red states, right?...Really, ask those people in Mississippi, West Virginia, Louisiana Oklahoma etc
Unaffordable property taxes is probably the scariest thing that can ever happen to anyone. Because even if you own your home flat out you can still be priced out.
This is what happens when states get rid of the state income tax. The money has to come from somewhere, so in turn it comes from property taxes (where Texas has some of the highest in the country), but that leaves the burden on retirees and those unemployed/under-employed.
Unless you live in California...you know, that state the MagaMorons love to hate and "everyone" is leaving to move to Texas. Don't say I didn't warn them about Texas property taxes. But the super rich are all good inTX, their house taxes are nothing when their billions in stocks and million dollar salaries are not taxed at all.
You don't own your home if you're still paying taxes.
As more people from other states (California and others) move in, Texas and it's counties will be burdened in providing services.
...and they expect a government handout...while screaming that others can't have government help. It's the epitome of hypocrisy.
Texas use to get away with having one of the highest property taxes in the nation because property and houses were so cheap. Now housing is going up, and so are taxes. I knew this was going to happen.
Texas enjoys the benefit of having not state income tax. There is no free lunch
Yet the liberals will be to blame for it.
And that cheap housing was subsidized by taxes from other states like California.
The city and state tricked people into thinking that their property value was more valuable, the snakes only wanted more taxes that’s in all states. If you are an elder person how can you keep up on fixed income? These people are not our friends…..
@@java4653how was cheap housing in Texas subsidized by California taxes?
Maybe stop giving huge tax breaks to big businesses and mega churches?
So you can just pick out "mega-churches" and not tax a congregation of 80?
@@ltcajhwhy not both? Why you being confrontational and not trying to be confrontational to the mfers who apply these taxes?
Or .... don't pay for dumbass government projects? Don't need to figure out if a Thanos statue can snap or if birds gamble if we make them a casino. Both were actual government funded projects
@@mr.gamewatch8888 Only a greater can control a lesser. The Church is under God, not the State. Now as for those who upped the taxes in Coryell County, the news reported it was decided by men from out of state! I can't remember who they were. Now how can the residents confront that? Just like during the winter power outtage in TX a couple years ago. The news reported that an out of state entity controlled the windmills and power issue for central TX.
Like mormons church in Utah that is hiding 32B, yes big B, in offshores accounts. Journalist ask them why do you keep money in offshores, the top clergy said if people find out church has such money they may stop paying fees!!!!!
Good friend moved from CA to Texas. Started and ran a successful business for nearly 20 years. As his success grew, he moved from a starter home to a home in Friendswood which he had built for less than $300K. Tax assessor came by just a few years later and assessed the home at $1MM. His property taxes would have been maximally increased until he was paying about $40K annually in property taxes. That was so bad, he actually moved back to California. Yes, Texas has a serious property tax problem.
Calfornians are the Problem.... They californicated Austin.....
Geez, $40k on a 300k house? That’s nuts. My house in OR was valued at 530k but I only pay 3.2k. I still think that’s way too much!
@@rickchandler2570 Calfornian go home
It's because there is no state income tax in Texas. The money to pay for all those Republicans in the State House in Austin has to be found somewhere.
@@jannibal9273 OH BS Brandon lover... YOU just want to send them MORE tax dollars.. They need to spend LESS.....
Stop voting against your own interests!
Oh heck no. Owning the libs is worth more than anything. Even losing my house. Gotta own them libs.
Stop voting for Democrat commies.
You have two choices. Republican or Democrat. Democrats are the worst. Most Republicans are RINOs.
How are cops' salaries and benefits paid for? What about teachers? What about roads? What about your clean water (assuming Texas actually has such a thing), sewer treatment, garbage/trash pick-up? Fire fighters? Emergency responders? Courts, including staff and Judges, and of course maintenance of the building including paying for utilities? And who pays for your politicians, TEXANS?
@@jannibal9273 EXACTLY! And those big companies and millionaires use the roads and services, they just don't contribute to the pot!
To everyone around the country : Texas is not the paradise it's made out to be . It has the 5th highest property tax rate in the country . Home and auto insurance rates are high here also. I think it has something to do with tornadoes and the frequency of large hail storms.
I've lived here for 23 years and if I had the chance I'd move to another state
While I can agree with you after living in Texas for 76 of my 79 years [3 years stationed in West Germany], Texas like the other states and the rest of the nations of the world are not and never will be paradise. As for Texas, I'm tired of the heat, no rain, people who think the rules of the road are suggestions and do as they wish, driving people into the ground through taxation in order to pay for the illegals and the usual poor people, torn up roads always under construction, and people coming to this state bringing their left wing voting habits with them, which is why they left their left wing state in the first place because those voting habits destroyed their state through sky high taxes and lawlessness.. If you think Texas is bad, try living in Haiti, the Middle East, any nation in Africa, South America, Central America, Mexico, North Korea, Red China, Malasia, Indonesia, Philippines, Chicago, Detroit, Washington D.C., Philadelphia, New York City, and anywhere on the left coast. The problem in any part of the world is the haves and have nots. The former rule and live luxuriously while laws are passed that keep the latter in a state of slavery. Since recorded time, this is the template, and nothing will change. The glorious French Revolution of July 14, 1789, witnessed the peasants rising up and beheading some seventeen thousand people of the aristocracy. Unfortunately, the revolutionaries became just as dictatorial as those they replaced. Same goes for the Bolshevik revolution of 1917. Same goes for the American revolution. Nothing changes.
Illinois is much worse.
Correct! Gas is cheaper tho!
Very few people outside of Texas view it as a paradise.
The one thing I do like about Texas is the tax system. High property tax is a non-issue with no income tax.
Nevada has high insurance just because one of ex governors was some how tied to insurance and let’s be honest nobody wants to gamble and deposit money into their outrageous rigged business.
Insane property taxes, skyrocketing home and car insurance prices. The highest prices for electricity in the "deregulated" markets. The myth of the "low cost of living" in Texas is ending.
Joe Biden’s America Trump said he would pull this all time scam ran the country into the ground. Every fkn rich insurance entity charging whatever they like except people and their wages. Does nasa pay taxes? I think not.
The flooding and tornadoes or hurricanes are a bonus 😎🚬
Not true. Property taxes yes it sucks. We need a Proposition 13 as in CA. Electricity is cheap. 2300sq ft new home our Electricity averages $85 a month. Insurance is insurance. You'll pay based on the appraised value. It's much cheaper here in TX. And we don't have an Income Tax here. I was paying 6% in CA. Texas needs a Mellow Roos like CA and a Prop 13. Mellow Roos is the infrastructure that's paid before hand. Only on new construction to the homeowner for up to 10 years.
and insurance wont pay you when you need it... they find a way not to.
@@ivanrodriguez268 The consumer needs to be a bit more engaged with the companies they do business with. Look what was done to Bud.
If you can be forced out of your home that is paid off, it isn’t your home.
It never really is yours! God Damn taxes!
If you really think you own your house. Try seeing how long you can get away with not paying taxes. The government going to take it away from you. Same goes with HOA fees and fines.
@@newmexicoballer3867 the - Republicans- government going to take it away
It's called taxes without representation. That is why America left England because of taxes. Things like the Tea Tax. That's how the Boston tea party happened. It's now 2023 the 21st century and we as a civilization haven't learned anything at all from the past.
@@gumpman155 No, that was the lack of a tea tax ... look it up.
I live in Bell County, where they admit boldly that they "Over-Value" homes and charge accordingly on the taxes. In four years time, they more than quadrupled my valuations until they were claiming that my house was worth more than ANY other home in the neighborhood had EVER sold for. I landed in the hospital for long-term treatment following a stroke, am now permanently disabled, unable to work and living in low-income housing. So much for "The American Dream"!
My coworker is in Mclennan Co. Her property tax went up 60% this year.
Yup, Need to change that sign at the state line from, "Texas" to, "TAXES".
Don't blame America...this is a Texas thing. Here in Phoenix AZ our taxes are low, city functions great.
Wrong. Every state has property tax or income tax. Texas is 1 of 6 states left, that does not have a state income tax. There is no free money tree in the backyard. The government has no money, they take it from the taxpayers.
State income tax, or property tax. Their is no free money.
@@scrapping4shiba Texas is good for people who makes millions a year because no state income tax but not for low income individuals
When your property tax is enough to buy a whole nother house every 15 years there's something massively wrong.
Yeah... you aren't paying state income taxes.
@@neomage2021 How's that?
@@skipstalforce texas doesn't have state income tax. They have to make up the difference somewhere to pay for infrastructure, schools, etc. That's why Texas has some of the highest property taxes in the country. They have to tax homeowners to pay for this instead of spreading it across all workers via state income tax
@@neomage2021 Gee , don't I feel lucky
No such thing as a property "owner".
Yeah come to my house and see who owns I’ll blow your head off buddy
You can never own your property with property taxes.
That's the plan.
china does not collect property tax
@@yuanruichen2564 🤣🤣🤣
@@yuanruichen2564 No, but they collect your organs to resell.😮
Do you want roads and fire and police protection at said home?
The reality is that there is no such thing as homeownership in Texas. The bank owns it while you make payments and the state owns it after you paid it off.
It's the same in any state. When you think about it, no-one "actualy" owns their house. Stop paying your property tax and you will find out, real fast, who owns your property. I don't know of any state that has no property tax.
Apparently you're unfamiliar that all other 49 states do this, as well???
How do you think they fund your local law enforcement?
The fire personnel, equipment, building maintenance?
The 911 service that gives you a lifeline in an emergency?
The road signage, stop signs, traffic lights, and the roads themselves (and the maintenance, cleaning, lane stripes, and cleanup)?
Do you think those things fund themselves?
Do you seriously NOT know how all this happens and who pays for it?
Do you ever think about anything beyond yourself? That's rhetorical...
@@le_th_ I used to live in other states and nowhere I used to live were the property taxes so ridiculously high as in Texas and nowhere I used to live was I promised constantly , before every election, that they would fix it and nothing ever happens here in Texas. There are other ways to bring in Tax revenue, other than just completely depend on homeowners. State income tax for example is a much more fair way to collect taxes than this idiotic Texas tax system which bambusels you into believing you pay low taxes but as soon as you buy a house you pay way more than anywhere else.
And don't call me a moron, you have no idea who I am and I bet I beat you in an IQ test anytime.
@@billmM3605 And I don't know of any state that has property taxes as high as Texas. There are other, more fair ways, to bring in tax revenue, you realize that right ?
No to mention all the dip shits you have to live around
Disgusting. This was happening in the 70’s in California and they started prop 13. That kept rates low for homeowners. With the rate of California property appreciation during the 90’s until today, I don’t know how anyone would stay in their home! Our house was bought for $89,000 back in 1977. Today it’s worth $2.5 million. But the tax is only $3700 now. If someone was to buy this house today for its $2.5 million market value, their taxes would be $31,250. There is no way we could stay in the house if our property tax rate went up with its market value! And if this house was in Texas, the property tax could be $62,500 per year at their tax rates!
In Illinois as well, flat 70k.
Yep. That was from good ol Howard Jarvis. 😊
Prop 13 is the definition of how feel good politics/laws in California just create a dystopian system that doesnt make sense. Its like all the eviction moratoriums giving people rent free housing for 3 years while mom and pop landlords are going bankrupt.
If prop 13 wasn’t in place property values wouldn’t have gotten so high. People are monthly budgeters, if everyone is suffering they’d actually start demanding accountability to their government.
Don't feel sorry for California govt because they are raking in the money.
They should rename Texas to Taxes, the property taxes are ridiculous here, to make up for no state income tax. They will get your money one way or another.
Come to Illinois you can have both
It's still cheaper than CA.
@@tixximmi1 lol, We're getting there.
@@jetro7349 I hope so. Those Hippos in Hutto are getting bigger and bigger.
Lmao 🤣
When you give taxes incentives to lure corporations to your state and people still expect their programs to be funded the money has to come from somewhere. The burden to operate our society continues to fall on the rest of us. The rich get richer and the poor get poorer.
Yeah...we sure don't want those corporations coming in with all those thousands of jobs. What a waste, we can all just never work.
@@Theywaswrong Yeah, because all those sub-middle-class wage jobs will really help build a healthy society...
@@dystopia-usa Oracle, Tesla, HP, Fedex, Catapillar, McKesson, Toyota, Charles Schwab, Samsung headquarters are all sub-middle-class wage jobs 🤣🤣🤣
Well, duh, this is what the Republican party does...give tax cuts to corporations and the uber-wealthy and make lower, middle, and professional classes of people pay for it.
Are you new here?
Corporations are considered individuals....except they don't have to pay taxes like real people.
@@safeandeffectivelol And how many of the well-paying jobs are pulled from local residents as opposed to people moving in from other countries and states? Yeah. Didn't think so.
Over valuing homes, is how the politicians are able to raise real estate taxes. This is happening in a number of states.
This is happening in kansas aswell. My brand new house i got to move in nov 2021 has increased assestments of $60k of property tax. $299,999 to $360,000 in less than 24 months is absolute insanity. I couldnt even argue the tax increase because the comps the county used were actually of lesser homes than my own. However that equates to a $200/mo increase of taxes because of our outrageous mill levy
Small Town in Minnesota property tax in 2 years has jumped 52%
@the dude Same here in Kansas. Last year my house was at 345,000. This year the new assessment was raised to 415,900. I about had a stroke. So insane. I appealed and got it lowered to 389,600. You can use your own comps in an appeal. Also documented sales of similar homes in last 3 years. Comps are tricky because they can be using comps from overvalued homes to raise yours. Documented sales are also tricky because in hot areas buyers are offering above asking prices to beat out other buyers thus overpaying and artificially raising valuations. Cherry pick your comps and sales in an appeal. They are.
@@rosssmith9870 the problem is they used comps well below my house with one less bedroom, so arguing would only make them aware of this discrepancy.
The market decides the sales value . Tax Accessors usually use less than market value to arrive at a figure . The other way to get more taxes out of property owners is to raise the tax mill . Sneaky bastards.
It’s not just the tax rate. The real fight is the county appraisal district saying our properties are valued WAY over actual market value. The ARB is supposedly unbiased but my experience has been they are in fact totally biased and in the county appraiser’s pocket. They don’t want to budge if you protest. They seem to discount and discourage you for your evidence presented in the informal protest. They act all intimidating and try to get you to back down. I might have to hire an attorney, it’s that bad.
That happens when some rich clown or speculator house flipper from another state buys, WAY overpays on a house they WANT badly, and the assessor re-values all the houses around it based on that sale.
Peope in Oregon HATED when rich California people would come and pay way too much for a house in their neighborhood and pay cash for because their LITTLE house in Calif was $2 million and now they find a "Mcmansion" in Oregon for sale for like $250,000 and they offer $350,000 for it to GET it for sure.
Then the assessor revalues everyone around it to reflect that $350,000 sale in a neighborhood of $90,000 houses.
blame the people driving up the housing market then
@@Frenchieeeee I actually do. ⬇️🇮🇱
Seems like an easy fix: make it so that any property tax appraisal is an offer to buy, and any challenge to it is an offer to sell.
@@Frenchieeeee and corporations.
Try to remember what the politicians are doing now, when it's time to vote.
One of the reasons why I am glad we left Texas. Our Hays County taxes were outrageous…$12k per year. Then the ISD’s would construct these football complexes and performing arts centers that were over-the-top. Better than most colleges.
Just SW of Austin?
That's 4x the amount in California.
My house was valued around $460k
@@pharoah1200Cali for once does tax rates right. It just has exorbitant housing prices in the big cities and that requires higher salaries to hit you with more income tax and state and fed level.
I concur with this ISD's. Close to my home, they've remodelled an elementary and junior high school that are now twice their size with oversized football fields. These schools resemble college campuses now because of their size and still teachers don't have the tools to be successful in the now oversized classrooms.
All of us that no longer have house payments are having our property stolen from us little by little with these damn property tax increases. This is not just in Austin, this is across this state.
Lol at republican leadership.
Its not just Texas. This is happening everywhere. They are increasing the values to tax it higher. All to pay for the government spending.
This is happening all across the US Plantation!!
Left Texas two years ago. Our house was paid for and we were retiring. Property taxes doubled in the 6 years we owned that house. Between taxes an insurance we were at $10k a year for a house we owned outright, almost all of it taxes, and it just kept going up. Couldn't stay there in retirement.
Amen!
more people need to say
NO
@@zerpblerd5966 2027 will be the next Great Depression in the USA... be as self-sufficient as possible in regards to water, heat, food, ammo, energy\power and medical for the approaching dark days ahead.
just work again you fool
Do a lot of Texans move to Louisiana? Their taxes are so much better for retirees.
This is what happens when we live in an oligarchy. The filthy rich pay almost nothing, which leaves the burden for everything with the rest of us.
Where we are today living under the American oligarchy but "poor folks" seem to vote for it.
An absurd statement. If this guy is as broke as he claims he doesn’t pay a nickel of federal income tax. Meanwhile the “filthy rich” pay vast amounts.
Google “income tax by income”. Half the country pays *no* federal income tax. And all state income taxes are also progressive.
This guy’s income taxes are a few grand a year and he’s claiming it will price him out. Nonsense.
No it's what happens with open borders.. people who practice polygamy. Kids outta wedlock. All the strong single independent women.. all the schools filled baby sitting them. All the pregnancy costs, diapers, housing etc.. 75% outta wedlock births... Turns out they have to squeeze the money outta someone somewhere... Who better then the old crusty home owners...
@@cbrashsorensen If voting actually had any effect, it would be outlawed. The wealthy make damn sure that your only options at the ballot are candidates that will tow the agenda of the wealthy. Everyone in the government is beholden to, related to, or is a member of the owners of this nation. They vote for what the wealthy want. The data already shows that no policy is passed based on what the public supports. It shows a very strong correlation between what the wealthy want and what policy is passed.
The system is rigged to work for the wealthy, no matter who is voted into office.
@@cbrashsorensenI honestly don’t believe we vote for the candidates we have because the past few presidents were obviously retarded yet people act like it’s normal to have an idiot in office
It is unethical to charge property tax for the government does not provide any service to your sidewalk, roof and etc. you already paid sales tax plus all other fees when you bought the house. This is like going in to a restaurant and they charge you a fee based on the value of your cell phone in the name of maintaining the quality of their kitchen. The least these asswipes should do is to offer 100% exempt for homeowner who are 65years old. Vote them out!
States don't have a sales tax when you purchase a house. Some states have a transfer tax that's incredibly low, like 0.5%, but Texas isn't one of them.
In Harris county Texas you are exempt from school taxes and pay very little county taxes
Taxes while working...taxed while retired...taxed upon death. This country is a mess.
George Washington was shooting Redcoats because of an over priced stamp yet we bend over and these corrupt Socialist Progressives gang rape us all everyday.
There is a price to be paid for having "the world's biggest" everything. Money goes to those monster items and little is left for the rest of things people need in order to live "the american dream".
That's why it will fall eventually. Countries come and go: The USSR, Yugoslavia, South Vietnam. Why should this be any different?
Thats why many people I know left the USA after retirement
Do you want roads schools cops, military? Those things aren't free.
Hey guys, how are you doing with your investments? I know the market has been crazy lately.
@caseymuller3480 That's too bad. I'm doing okay, but I'm not very confident about my portfolio. I feel like I need some professional advice.
@@joehopkins9749 You know what, guys? I have something to share with you. I recently started working with *Robin Brezik* and it has been a game-changer for me.
@@malcolmdoyle5385 Really? What do they do?
@@abircocci8157 They offer investment advice and help me with my investment goals, building my portfolio and also retirement planning. They are very professional and knowledgeable, and they tailor their services to my needs and preferences.
@Casey Muller well, easy i found them online.
I thought Republicans were against high taxes andbig government. And here they are raising property taxes. And if you cannot afford to pay, then the big government comes for your home.
Republicans are also hypocrites so you shouldn't be surprised by this.
@@saintnash1 People will see a state that does not have this kind of tax or that kind of tax, but the money comes from somewhere. I live in a state that has no income tax, but add ons to the sales tax and high gas tax make these the highest in the nation. Across the border in Oregon, no sales tax- like a dream come true. However, they pay some of the highest income taxes in the country.
@@saintnash1 This is the story with Tennessee as well. The GOP loves to brag about having no state income tax, but the sales tax is astronomically high.
womp womp
It’s not the tax rate that’s going up and jumped.. it’s the appraisal value we get year over year that’s going up… so it’s not a tax hike… the appraisal values have a major factor in… my taxes went up by $100 this year.. and I am fortunate enough to have a house that’s NOT a $200k to $400k homes that they are making these days… the tax rate in my town and county stayed the same.. but my property value is what made the yearly tax jump
As long as u keep voting in the same people, you're screwed. They all lie & don't give a hoot about us retirees. You're not the only state that retirees are being priced out.
Our votes dont matter. The entire system is rigged against Americans and for this corrupt Socialist Govt.
California has Prop 13 - by law property taxes can only be raised 2% per year and if the house value goes down so does the property tax.
In Texas it's 10%. HIGHWAY ROBBERY
Trying to repeal it every year!
Prop 13 is a nightmare for people who have to move for work.
@@commonsenseisntcommon1776 False, Prop 13 has never come close to being repealed. It may someday be adjusted to only affect owner-occupied properties.
California property tax goes down only if the assessed value dips below the previous assessed value. Oh yes - When property values recover, there is no 2% per year cap until the assessed value reaches the previous high value trajectory.
The problem with property taxes being tied to property value which can change due to people wanting to live in the area this is literally the entire base of gentrification
The increase is very small in comparison to appreciation. It only greatly increases if you buy again
@@maximo6037Not only is that not true but it is also irrelevant. Unless your wages are increasing at a similar rate of the appreciation then the tax increases will be a burden.
@Arturo Pelayo how is it not true? Your property doesn't get annually reassessed to reflect the market value
@@maximo6037 it is reassessed every year, they tell you the current value of your home on the tax bill
@lacee7494 reassessed yes, but only marginally compared to the market value.....the assessment can also decrease
Are the TX seniors looking for a handout in the form of an exemption? I thought they didn't like socialistic policies.
They are asking for lower taxes. That’s not socialism silly goose.
Lol being aged out of a tax isn’t socialism.
Only if snowflakes logic had common sense ,we would have a Etopia!
@@TruthSayer2007 They are asking for a bailout from property tax though. That’s literally socialism
For them it's do as I say. When it comes to them, they need help.
This has always been the trade off in Texas for not having a state income tax. Property taxes have been outrageous for many years.
That's a bullshit excuse for why the property taxes are high. Florida has no state income tax either and their average property tax bill is half as much as Texas. It all comes down to proper budget management. Apparently Texas is not doing a good job at it. Plus, if they instituted a state income tax, do you honestly think that would make your overall tax burden lower? No, it wouldn't, because state income taxes are even worse and far more complicated to process, which raises the state's administration costs even more.
Come to Nevada. No income tax and relatively low property taxes. One a $2.8 million dollar home, Right around $20,000 a year. If you live in the average $300,000 home, your taxes will be around $4,000, give or take.
Many states have both property taxes and income taxes
The biggest tradeoff is living in Texas 💩
Sales tax is sufficient.
It’s almost as if they want only corporations to be able to afford owning property.
They used to call it "the landed gentry", I guess that's another thing that they want to make great again.
@@youknowkbbaby; I first heard about global warming in the 1980s and what has anybody done about that. For the most part, voters are easily distracted and naturally complacent, like a frog in a pot.
This is why a Trillion dollars corporation like Blackrock is buying Single family homes and making them rental houses.
Even “freedom loving” republicans are in bed with big corporations like Blackrock. They don’t want freedom for anyone but corporations
Yep. The great reset. WEF. "You will own nothing"
BS ! Remove them COMPLETELY No one should be taxed out of their home Period
At least give seniors a break ffs.
@@Terrathrax give everyone a break
This is what happened in California in the 1970s, which prompted the voters to put Proposition 13 on the ballot that caps property taxes to no more than 2%/year, usually less. The problem is, a state needs taxes. So, if you lower property taxes, you have to get that money by taxing something else. So, Texas will have to revisit income taxes of some kind, or higher sales taxes, etc.
School districts across the state are the main reason property taxes are so high. Drive around your neighborhood and look at the monstrous high school campuses and delve into the bloated administrative make up of these districts and it is easy to see that they are way out of control, and spending our tax dollars frivolously. And on top of that, the children are being taught garbage and they come out of the system ill prepared to face the real world.
Prop 13 was pushed hard by the real estate industry and has had a terrible overall affect on California.
It ushered in a huge amount of speculation and skyrocketing asset values - it was good for property owners and real estate profiteers.
I've lived in Texas and California and much prefer Texas's tax system.
If your property tax goes up in means your asset went up, it's not even a problem as long as you aren't a complete idiot with money management.
@@Matt90541you didn't even talk about the effect it has had on the education system and benefiting people in rich neighborhoods and decimating schools in lower-income ones
@@es2056Again, blame republicans leadership. This is what republicans do.
Prop 13 is literally rent control for land lords
This is what happens when you get all excited about the state not having an income tax. 🤷♂️
And this is happening in my state as well. Unfortunately it is pushing especially the elderly out of homes. I looked at Texas but after seeing the high taxes decided it wasn't affordable for me. The only people who appear to be able to afford this are the rich Californians that are flocking to our states including Texas.
Where I live as a senior over 65 we get a $258,000 property tax exemption on our primary residence.
@@Chris_at_Home may I ask what state u live in? Im in Idaho .
@@Rain-yh9ws Alaska. I see a lot of seniors move here because many things are less expensive.
@@Chris_at_Home where in Alaska?
@@Chris_at_Home Not for me. I'm not interested in chopping firewood to save on my heating bill.😂
We pay extra tax because billionaires don’t pay any.
Taxes are on income, not net worth.
I've heard that Texas has a relatively low corporate tax rate. Combine that with deals to attract large companies to move to Texas and stimulate the economy which included waivers from paying said taxes for 20+ years. More jobs and money mean few homes available which means high property values which means higher taxes. If the companies aren't paying taxes, someone else will have to pay.
Republican state decides income taxes are wrong
Also : has sky high property taxes that cause people to lose everything they’ve worked for over decades .
Unreal
Obscene prop tax here in San Antonio.Forcing seniors to go back to work.Great way to get unelected Governor.
Didn't you guys just give him another 4 years? 🙄
You guys voted for it
but hey! no state income tax! that's evens things out, doesn't it?
@@jobunaga4178 no only for those who are working
Hahahaha, that's funny. A few years ago, you guys went through an ice storm that CLEARLY not only did Abbott not prepare for (even though he was told he should), he then tried to blame it on Joe Biden, AOC (a junior senator from New York), the Green New Deal (something that a. hasn't even been implemented and b. wouldn't apply to Texas anyway, since Texas is the only state in the continental US that governs its own electric infrastructure) and any Democrat you could find to blame. We then found out Abbott was purposely allowing the electric company to cut corners so they could get bigger profit.
We then caught Ted "Cancun" Cruz flying off to Cancun while people were literally freezing til death in their homes. AND YET YOU GUYS STILL VOTED THEM BACK INTO OFFICE!
This is going to work the way it always does. Republicans will blame Joe Biden or Hunter's laptop or Hilary's emails or Obama for being black or George Soros for your property taxes, you guys will believe them like you always do and you'll vote them right back into office so they can screw you over some more!
The question is: At what point have I paid Enough?
If I've worked, paid taxes, paid a mortgage for 20-30-40 years of my life; why do i have to continue to pay more and more when I'm old, not working and retired?
Haven't I paid enough? Haven't I paid my debt to Society?
Thank you.
So, you think that roads will keep fixing themself while you keep driving on them
...and police officers servicing the community you live in
...and fire personnel and equipment servicing the community you live in
...and 911 personnel and infrastructure servicing the community you live in
...and all the expenses and maintenance of all the things you seemingly think you should not have to chip in your fair share for, even though everyone else does?
...or is it that you're asking for a government handout?
The US is what it is because there is an infrastructure in place, but that infrastructure...and all the people who make sure it stays functional and in good health requires maintenance and funding.
@@le_th_ chip in like everyone else does 😂😂😂😂 is that a joke…. Renters DO NOT PAY HOMEOWNERS TAXES!!! You need to get a grip on reality…. And don’t say they do because it’s in there rent… sales tax is what is supposed to paying for those things…. Home owners pay for school taxes end of story. And if you have no kids in school why are still expected to pay for everyone else… Absolutely ridiculous…. It’s not my job to raise your children…..
@@le_th_ jeezy peets your one of those people who keep saying taxes goes to roads. WRONG taxes go to ukrain
@@F150customs le one of those people who will jump off a cliff if everyone doing it
Not sure why they don't bother to tell people at age 65 they can get their property tax frozen at the amount they paid at age 65. We had a neighbor lose his home at age 81 because it kept rising and he wasn't ever told he could've had it fixed at age 65.
They thought they were gonna pay no state taxes and still have low property taxes?
Funny how most people can't understand that. They gotta get the money somewhere.
Nobody thought that, people don't mind paying higher property taxes if it means no state taxes, the problem is that its based on market value and rises year after year out of control. The property owner also has no control over it for example let's say you can realistically sell your house for $200k, well nothing stops the state from saying your house its actually worth $300k and charge you taxes based on that. Next year they might feel like your house being worth $500k and so on.
@@Cornelius87 But no state taxes brings people to the state. That creates demand which in turn increases value of properties.
My state has no income tax and still has low property tax
@@Cornelius87 If the value the state gives is greater than the market value you can challenge it. In my experience in Texas the valuation for Tax purposes was always a liitle under the market value
If the Governor was a Dem… we’d never hear the end of taxes.
where y’all at ?? CALL OUT THESE CROOKS regardless of party !!!
Look at property tax law in many cities and towns in the so called BLUE states. You will see a sliding scale of tax relief for seniors. Created many decades ago and very successful. Basic law requires all realestate in the same class (residential, commerical, etc) to be taxed the same…but most of those places also passed laws recreating property tax relief for retired folk.
The last time our governor was a Dem, property taxes were reasonable.
the oil companies should pay all the taxes ....try and get that from repugs, never
@@deborahschumann8286 Never heard of anything close to that. Anywhere.
D wants higher income tax
R wants higher property tax
They are all the damn same
If they can tax it, they can take it. Property taxes are immoral.
Lol okay bud
How you like those paved roads, fire protection, police agencies and all the social welfare programs that people keep voting for? Close down all the schools? Realistically what is your plan to pay for all this. Immoral. LOL.
@@Jasonhoods Hope he never has to call police, fire, EMT services, doesn't mind driving on dirt trails and shutting down schools. He must be one of those guys that actually thinks there is such a thing as money trees and we just have to go harvest em.
@@Theywaswrong He didn't say taxes are immoral. He said property taxes are.
...but you expect to drive on paved, maintained roads...(and the salaries and benefits of the people who make that happen)
...and have access to the infrastructure of 911 and the personnel who answer the phone 24/7 (and their salaries and benefits)
...and fire personnel and all the equipment and maintenance the equipment requires to keep it functioning (and their salaries and benefits)
...and law enforcement personnel and all the equipment and maintenance their equipment requires (and their salaries and benefits)
If you want to live in a banana republic with no infrastructure and no government you have your choice of countries.
Haiti has no taxes. You should visit and see how immoral taxes are.
If you want to give dozens of tax breaks to the billionaire class,
then working Americans are going to have to make up the difference.
It's why all that dark money goes to the GOP.
Not just the GOP, it’s the uni party. Wake up!
@@idiocracyishere4531 No, it's just one party. The GOP. Democrats are trying to tax the rich again and get back worker protections that they made law in the first place. Ever hear of the 'New Deal'?
@@idiocracyishere4531wake up. It’s one party that fights for business tax breaks.
Preach!
In Pennsylvania gambling was supposed to keep our taxes down but for some reason it hasn’t helped. Crooked politicians
The Comptroller of Public Accounts gleefully told the press that Texas had amassed a $ 35 billion surplus last fiscal year. This added to the already $ 188 billion "rainy day fund" of accumulated surplus'. In essence the State of Texas is grossly over taxing the people of Texas and claiming to have invested those monies for the benefit of Texas citizens. An accumulated surplus of the amount reported means only one thing; the people of Texas are over taxed. The Tax Foundation reports that the State of Texas is the 36th highest taxing state out of the 50 states. I am quite sure that the "rainy day fund" is being plundered for the benefit of some favored groups. Note, the employees of the state are paid, on average 10% more than the private sector for similar work. No mention of the extravagant pensions and benefits.
Good post. I believe Governor Abbott and the legislature don't want to give tax breaks to property owners.This is just theatrics...
Extravagant pensions ? There's no such thing anymore.
That's from oil sales
Extravagant pensions? While I agree with a lot of what you said and I think republicans are dumb for continuing to vote in politicians that rob them, I take issue with your statement there.
First and foremost, pensions are part of a worker's compensation package. For example, my brother in law is a defense attorney and works for the state. He makes about $130k a year, something like that. He could easily make over $200k if he went into private practice. However, he's taking less up front, with his pension available to him on the back end.
You can't have a worker hold up his end of the bargain, then when it's time to collect on the back end, start complaining that they're getting too much. And I can hear you now: well just don't offer pensions. Taxpayers can't afford it. Fine, no pensions, but you'll have to increase their pay to match what they can get in the private sector. This is capitalism and you pay what something is worth, not what you feel like paying them.
Abbott also digs into that fund for his migrant trafficking endeavors.
"When private banks (Federal Reserve) has the right to inflate and deflate currencies, we will all end up homeless on the land that our forefathers conquered." - Thomas Jefferson.
Cursed be to them that 'conquered' out of greed, molestation of the land and unjust killings with impunity. Thomas Jefferson also said Indeed I tremble for my country when I reflect that God is just: that his justice cannot sleep for ever.
Ever since 2016 things have been going downhill and NO policy or institutions can stop TMH!
Remember when they said property taxes would only affect the rich and they weren't trying to take your homes? Pepperidge Farm remembers . . . ... on a side note Australia is fighting the property tax fight now. Hopefully the people can win and get the government to back off.
It already happened to us. Taxes and insurance rose by $50 a month yearly. We sold last year, moved over an hour from our medics and large towns.
Assessor here (just over 5k pop, dumpy town, but DFW retirees overpay when buying here) revalued properties, managed to sidetrack our protest.
As retired enlisted military, everything paid for, we wonder if it's time to leave Texas and grandkids.
I am thinking of moving to Oklahoma. They have an income tax....but the property taxes are very low.
This is why i never considered Texas as a place to live. The No income Tax is great...while you are working. The $12k property Taxes are not so nice. Especially when you retire.
Right. It doesn't help retired, nonworking people. I always look for which state does not tax SS.
@@kittybeck151 Texas could fix this problem by locking the property Tax amt. when people hit 65. That way Seniors do not get forced out.
Property taxes are the most unfair and un-American taxes in existence,
Not taxing the rich you mean?
Elimating the property taxes would make property values skyrocket. And you think lot of people are moving to Texas now? Wait till the property tax is gone, and see how many people will be moving here! Which would cause even a worse housing shortage. Prices would go up through the roof,and possibly price out many of the first time home buyers!
Unfair tax lol you know this is a MAGA boomer
inheritance taxes are by-far the most unfair, but property taxes are a very close second.
@@puddincup9879 Why is it every time one of you people open your mouths I can tell you've never once looked at any data on tax revenue? The rich provide the majority of our taxes and the poor provide almost none.
I met a couple at the hospital many years ago! They bought a beautiful ranch paid it off but was taxed out of their forever retirement home! I was so heartbroken for them!😢
I’m in a town in Texas where the property taxes are ridiculously high and have no reason to be for one of the lowest income towns in nation. With no amenities to show for here in El Paso.
People complain about California income taxes and then find out how good it is in Texas, yeah, ok. California has it's own problems but I would never move to Texas.
@@teufelhunden3412 You're more likely to visit CA than me visiting Texas anytime soon let alone live there.
Property taxes is an example of the worse kind of government theft.
Those in office want to retire on your money.
People can vote people out of office, however everyone is focused on less significant things going on in politics.
A friend in Hungary said when you buy a house THERE, you pay a one-time tax, like our sales tax here, and thats IT, you don't pay anything else.
yeah but no issues when you want to drive on the freeways and want infracture. Where does money suppose to come from? thin air?
@@geocam2 right
I lived in Texas 15 years. Every year my property taxes went up between $200 - $500 a year. I moved from Texas eight years ago. Where I live now, my property taxes have only gone up $200 in that eight years.
Which State do you live in now?
And no state income tax? How are the schools? Roads? Parks? Fire and police?? Libraries? All those things take money, they gotta get it somehow.
Lock in home valuation at purchase price. The ever increasing “market value” assessment is what is driving people’s taxes beyond their means. This should be a basic benefit for those that stay in place and are part of and help maintain a community.
Yes we should have a California type, Proposition 13. The price is set when you buy. Taxes can't increase. 1.25% was the rate. So you would pay the same tax every year. When you sell the new owner would pay the revised amount. The idea is you can buy a house at 30. And when you retire, the taxes are the same as when you bought.
@@tixximmi1 That would disincentivize people to buy new homes, which would kill the real estate market. Then you'd have all these people complaining about their homes value not going up like it did in the past. It also hurts younger generations that would have to pay significantly more than older generations simply because they weren't born in the past and hurts people that have to move for some reason and are now taxed at a significantly higher rate than at their previous home.
@@Scotter4536 It worked in California perfectly. It would work great here in TX. I lived in CA for 50 years. No problem with value there. It doesn't disincentivizes people. It also increases New home building by being able to sell a better house for less. But the best thing about it is, you know how much your taxes are and it's easier to budget for the same amount year after year. This keeps families in their homes rather than being forced to move. The average family moves about every 4 to 5 years so it's not going to change buying habits much. It's a great system that has a proven track record. We need a Proposition 13 here in Texas.
I love when people suddenly realize that Texas isn’t some magical place without taxes and when you eliminate income taxes you just end up paying insane property taxes…Why would anyone under the age of 65 buy a house in Texas?! There is no way that the property value will increase at a higher rate than you lose in property taxes for that year…Seriously, who the hell is going to be cool spending the value of their home in taxes before their mortgage is paid off?!
Property taxes in California on top of high income taxes. California has a full 1% higher sales tax and we've all heard the insane property tax, values in the news. No one said Texas was without some taxes for schools, highways and social programs. You missed the fact that the property owner was mentioning his property valuation, not his actual tax...and that's after the homestead cut on valuation.
Compare it to the other big states. California, New York, Hawaii....
A 150k income in southern california is considered modest due to the cost of living due to failed politicians in the state. Taxes across the board are also insane.
@@Theywaswrong My sister lives in Liberty Hill, her an my property are worth the same amount of money, and her property taxes are 6 TIMES what mine are here in central Missouri
Income tax is not the issue since Tennessee has no state income tax and the property taxes are much lower there. The same is so in Florida.
@@MicahMadru The property taxes in NY and California are much lower than Texas' property taxes for comparably priced properties.
You never own a house. Property taxes = chronic rent. Wake up people!
$3,000.00 dollars a year for property taxes versus 1200.00 a month for rent is no contest. Taxes are necessary people don't like to pay them because no is really sure how the money is being spent. What's really scary is not property taxes you can pay down and work with its the HOA that can put a lien on your home and sell it.
@@jordanvictoria5 $3,000? Unless you are living in a trailer, taxes are going to be way higher than that buddy. Let's say your home is worth 500k, you will need to pay 2% of the homes value every year, which amounts to $10,000.
@@sehoujay My home is worth $500k and my taxes are about $1500/year. You get what you vote for. Plan ahead.
@@johnbartholf777 Do you pay an income tax?
@@chuckinhouston9952 Not a State income tax.
Property tax should be abolished everywhere, its obsurd you can pay off a property & still owe.
How old are you 12? Without property tax how exactly are you going to pay for all of the services required to maintain functioning society?
Move to the woods then. Did you think all the roads, schools and infrastructure was free? You're taxes couldn't even pay for the road in front of your house. You Are Not Oppressed, you are a brat.
You never really own your home if they can take it from you.
There should never be such a thing as property tax
Then there would have to be state income tax or a HUGE tax on everything you buy (which is what Abbott proposed). They gotta make money somehow. I mean, it would be better if they taxed the wealthy, big businesses, mega churches, etc but that will never happen because people are too worried about drag queens to consider anything else being an issue.
This is why Californians passed Prop 13 in '78, to protect people like him. The republicans were up in arms about it but it's allowed seniors to keep their homes.
Prop 13 is crazy favors people who never have to move for work, Why should I pay three times as much as my neighbor? Taxation is about fairness not discounts for staying in place. Just provide property tax discounts for people over 65 .
Republican party like to take money away not give it away.
@@info781 And the Federal income tax crazy favors those who sell often. All their property sales gains end up being tax free. What's your point?
@@MrMarkOlsonThat senior citizens are able to keep their home; many would have otherwise lost it, being unable to pay the astronomical taxes due to the inflated prices.
@@info781 Agree, or divorced people forced to sell. My grandparents downsized to mobile homes after their spouse passed away - but now boomers stay in their 2500 sq foot 4 bed home worth 1.5M paying 3K a year in taxes while a power couple millennial neighbor of theirs move in paying 15K a year. But it won't last forever, boomers are now no longer the majority voters - millennials are. In CA they should remove prop 13 but in return lower the overall rate to the percentage it would take to make the revenue identical (which would likely be from the now 1.0% to around 0.6%).
When property taxes are rivaling mortgages then the system is broken. Nobody can afford $15k a year in property taxes.
Where I live depending on the county and home you could be paying $70,000/yr property tax
Lots of people can afford $15K what are you talking about?
@@Pete.across.the.street median household income in Texas is $67k. How is $15k in property taxes normal? Half the population can’t afford throwing away $15k a year.
@@johnnywang206 I didn't say it was normal.... That also means half can afford it, which isn't nobody. It is only the poor half that can't afford it. Throwing it away? You get nothing in return for your tax dollars?
What’s the point of working? All you get is grief, practically all the money goes straight out in deductions and housing costs, and our taxes are used to finance insane policies, even to further the national decline.
Homeowners get punished for owning a home
We don’t feel sorry for white people 🤷♂️
You voted them in, Vote them out. There’s a reason why they are called “ Republicons “
This is just friggin’ ridiculous. Politicians just keep taxing and taxing….and taxing. Anyway….every way. This has got to stop. We need a Boston Tea Party again
Texas is run by Republicans? I thought they didn't like taxes? What's up with that?
Just need to boot out those "Rs"😂😂
Ok so we go the Zero taxes. Everything you get you will pay for locally. The Street in front of you House. Save up to fix that pothole. Kids teachers salaries. Setup a wage garnishment from your paycheck. No police and you better be ready for neighbor watch once or twice a week. I would to see Republicans get the world they have been voting for!
@@andreroy8141 Not at all what I’m suggesting. I get the economics of our tax system and have no issue with it. Where I do have an issue is when governmental fiscal mismanagement and irresponsibility is ‘solved’ by exorbitantly jacking taxes - property, income, sales, gas, etc.
@@walkerb1734 You vote for the Government you deserve! Republicans have been running Texas for like 30 years. You should have every thing you voted for.
Move to Texas, they said. They don't have income tax, they said. But they forgot to mention that the state makes up the loss in tax revenue through property taxes and other less widely known revenue skims. Fun fact, lower and middle class individuals Aggregate tax is higher in Texas than in California. 😢
The question is why are the property taxes so incredibly high in Texas? We seem to be overlooking this key issue especially in light of Tennessee having no state income tax and much lower property taxes.
@@christophergraves6725 Texas is a huge state with huge population and needs (which are mostly ignored). They have to get the money from somewhere. Elon Musk sure ain’t contributing.
@Christopher Graves home prices are up in all of the country, with the exception of very few places. For various reason like, the corona virous stimulus by president trump and than bidan recovery stimulus, the stimulus from the tax cuts of presidentTrump, as well as previously we also had a long period of almost 0% intrest rates heavily expanding the money supply, remote work made it possible to move wherever you wanted to and keep your income, mass polarization of political ideology (not gunna get into detail but I'm sure y'all have some idea of what i mean) threw various ways like laws, missinformation, the spread of indoctrination, also made a lot of people move and continue 5o move. Oh and the shortage in the labour force. There's a few more factors but I don't think anyone in the US isn't aware of at least some of the major events that caused and continue to cause prices and "property taxes to go up." Finally like I mentioned texas has to get revenue from somewhere.
Texans value Republicans...who give corporations and the uber-wealthy HUGE tax breaks. Texas got exactly what it voted for, Republic values of corporate wealth and billionaires/mega-millionaires.
rsvp, what is an "aggregate tax"?
This is the inevitable consequence of no state income tax. Texas could slash property taxes in half or more if they made up the difference with income taxes.
Sales tax increase.
@@thomasfoster2no it’s not, because income tax is a progressive tax whereas property tax is flat tax. Progressive taxes reduce tax burden on middle and low income earners by having a higher tax rate on higher earners.
No, Texas will just start taxing income and keep property taxes the same.
@@Riorozen Privatizing doesn't save society money because businesses are for-profit and want more profit every year. Stop advocating against your best interest.
It’s how they can bring more money into certain places. They can always force lower income people out of any area, even if they own their homes outright and get higher income people into those areas. Good trick, really.
You get what you Vote for
Texas has some of the lowest taxes in nation. But local taxes can be high.
@@CN45475that’s the grift. They brag about income taxes but then let this happen.
Politicians on both sides will find a way to gauge you in the end.
Good. Soak the rich.
It has gotten ridiculous- that 10% cap each year for homestead exemptions, should be no more than 2% a year.
0%
It is hard as a disabled woman, even though my property is paid off, the taxes are a month of disability income. It's basically the entire amount. I sent my disability exemption application in twice to the county and they are incompetent to get it done.
that sounds like Texas because when it comes to low income disabled people's rights they play ignorant very well all too well you ask me
I just want you to know that I read your comment and you are not unheard. Keep your head up.
The founding fathers were against direct taxes unless it was wartime. Now look at us, we basically rent our homes from the government cuz we handed the power to tax us at will. Ownership is a myth now
I saw on RUclips that people in Illinois with a 200k house pay an average of $10,000 in taxes!
Yikes!
Work or out on the streets!
Your last name is Rodriguez 🤦♂️ the founding fathers hated your people and stole their land
Why not have a limit on how much the assessed value can go up each year, similar to California's Proposition 13? I think the assessed value for California homeowners cannot go up more than 2% each year.
My parents pay $3500 a year property taxes for their $700k house in California. No state income tax because they dont get that much in SS benefits.
It is by design. Prop 13 was driven by seniors tired of getting property taxed out their homes they completely owned in retirement.
I lived in California for 46 years there property taxes are cheap. California doesn't tax social security benefits either. We pay about 1 percent of the property value. We rank 37th in the country for property tax rate.
Prop 13!
@@CelestialLites exactly 👍
how much is gas again? you pay in other ways.
That's what happens when you let the millionaire class get away with paying zero in income taxes and pass the burden off to the property tax-paying middle class. You gotta pay the bills somehow
How about cutting wasteful spending?
All taxes are theft.
You do realize the top 10% earners pay more than 80% of all the income tax?
And then property taxes? The rich pay the overwhelming majority of those too. They own the big buildings downtown, they own the huge apartment complexes, they own the strip malls, the vacation getaways, the supermarkets., and of course one or two mansion homes, probably a downtown condo, an a long list of investment property. They're all paying property taxes, Loads of property taxes.
The rich are paying their 'fair' share, hundreds of thousands more than you or me.
Except the Bidens, they don't pay taxes on all the blackmailing and pay for play they do.
So take your socialism and get out of here.
@@forevergogo Well said!
This one's easy. The state doesn't lower the taxes if it can't afford to do so. Instead, if someone can't pay their property taxes, the tax gets placed as a lien on the house, along with penalties and accruing interest, which must get paid no later than the next transfer of ownership. Meanwhile the homeowner gets to stay in their house.
I’m from Illinois and have family who moved/escaped from here to Texas. When I visit them I often look at the available homes, property and taxes. Add that up with the ridiculous amount of traffic, the heat, humidity and everything that comes along with it and there is no way I would ever want to live there. The same with Florida.
And wages are much higher in Illinois and electricity is cheaper. And Illinois was just announced by a major publication as the cheapest state in the country to buy a home, although the Little Egypt area and Rockford area are not exactly Better Homes and Gardens stuff, it is possible.
@@WarofThoughts Illinois is no bed of roses. The crime rate around Chicago due to its abhorrent politicians is a real concern. The Illinois Democrat and Republican Parties are both corrupt. Illinois is a wonderful State with many different strengths but the debt is too crazy and the property taxes are way too high. This State should be an economic leader in this country but because of politics and poor governance many people have had enough.
@@heystarfish100 Stick around 20 years and I promise you the area around the Great Lakes is going to boom. Why because we have one of what will be the Planet's most valuable resources as a matter of fact we sit on 21% of the world's fresh surface water right in our backyard. So when those people out west run out of water where will they migrant to right here.
Same, a few family members and friends have move to Texas from Chicago I know and they all say the same thing. High taxes/bills still just in other places, low paying jobs and the cost of living is raising quicker there in Texas then Chicago, they calling it Taxas now lol. I moved to ATL instead in 2019 but has since moved back to Chicago because a good job.
@@heystarfish100 Obviously but the point is that people who think Texas automatically wins out over Illinois are overlooking the downsides of living in Texas. Texas is a very nice state but the summers are not for everybody, nor are the winters in Illinois.
So many left California because Texas had cheap taxes...GRIN California has Proposition 13, which caps the property taxes at 1% of the sales price. Until you sell it again.
Except that it can be raised up to 2% a year if the home value goes up. Plus, there are local and county taxes. Most people in California pay around 1.25% of whatever the set value is. Still a great deal that Democrats are constantly trying to repeal. If I had to pay current value basis on my home I would have to move.
@@norwegianblue2017 if prop 13 were repealed, California real estate would crash, its greatly contributed to the states housing bubble much in the same way low interest rates for a decade has contributed to todays housing shortage. Its market manipulation to create little reason to ever sell.
@@bubba6989 Better than kicking out senior citizens from their own homes.
@@norwegianblue2017 if I grew up in an era where housing was like $200k (inflation adjusted to todays $$) in a major city like SF, NY, LA, Miami, and even cheaper in smaller cities and education was affordable..... and I still have nothing for retirement, I messed up and thats on me. Pull yourself up by your boot straps! Idk where this sense of entitlement comes from. They had decades to figure this crap out and they voted for these policies!
@@bubba6989 You don't need to go back 40-50 years to see that Prop 13 is needed. I bought a house for $560k in 2015, now worth about $950k. I did not plan on having to pay property taxes on a million dollar home 8 years ago. That is not 'entitled'. Believe me, I pay an insane amount of property taxes already for a very average home if that makes you feel any better.
I've been saying this for years and no one listens. There's no way to own land in this country. You owe rent payments forever. They call it "property taxes," instead of "rent payments to the government." But that's what it is.
But…there’s no state income tax in Texas. So yeah, your property and sales taxes are higher to compensate for that.
I moved to SC because of the Army. For some reason it's cheaper here. Houses are cheaper, land is cheaper, and no tax on military retirement. Yes, there's a state income tax, but it's not that much. My property tax is still livable. Add to that, I don't have the headaches of hurricanes, tornadoes, wind, and hail like TX has.
@@ltcajh I live next door in Georgia. Same here...cheap. Even gas is cheap.
@@6862ptc I like small town Georgia, but for some reason energy costs more there than SC. Our fuel is about 8-10c cheaper.
If you are a senior you should not have to pay taxes. Taxes keep going up on fixed income seniors and Congress keeps cutting benefits for Social Security and Medicare.
NOT "Congress" - point your finger directly at the Republican majority in the House of Representatives, who held millions of senior citizens hostage because it was likely Social Security benefits would be cut off and possibly not even available in June if the United States had defaulted on its sovereign debt. This also would have affected disabled workers who receive Social Security disability benefits and the minor children of deceased workers who qualify for Social Security survivors' benefits. DID THE REPUBLICAN CARE GIVE A HOOT? Heck no. And who is in charge of the Governor's Office and the Legislature in Texas. REPUBLICANS. Don't blame CONGRESS. Point your finger at the PARTY OF NO.
@@jannibal9273Exactly
@@jannibal9273 You have all the symptoms of drinking too much Kool-Aid. It is congress that votes to raise the eligibility age and cut benefits for Social Security and Medicare. The debt default threat by Republicans was the only leverage they had against Biden's insane spending (on everything but SS and Medicare) which is giving us historic inflation.
That's the new Republican retirement plan for the "middle class".
You work until you die!
If you're not angry, then you're not paying attention!
At 65 you can freeze your property tax payments in Texas. Of course this does not stop the insurance companies from raising your premiums.
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I've heard about Mr. Eddie Sota and his accomplishments in the trading world before, but I didn't know how to get in touch with him. Unfortunately, I've lost a significant amount of money since my retirement while attempting to navigate the market on my own.
But I thought conservatives did everything right and only the “blue states” suffered with out libural prices
Nobody is perfect. Liberals promise utopia, and conservatives focus on reality. But conservations don't ever completely trust the government like liberals do.
this proves that everything they say is nothing more than a failed talking point for an argument they cant even win...
@@KingJT80 no it doesnt
It still remains true
@@huntersdealer it does.
And they will continue to vote for the GQP
For a second I was thinking “What? He pays over a $100k in prop…” but then I realized that’s the value of his home. So, he’s paying about $700 … a year… in property taxes? Less than 1% of the value of his home. (Am I wrong? Is this monthly?) Wouldn’t social security payments cover it? You can’t rent a place anywhere in the US for that.
texans don't want to pay any taxes at all. they just want their government services to magically appear.
The latest appraisal is $137,000. But understand, that's an increase of $65,000 in the last 5 years. Not sure if you noticed, he lives in a mobile home. Typical mortgage is 30 years, so his house is paid off. So he paid his prop taxes for 25 years, up to $65,000 value of home, but in the last 5 years, they have raised his valuation to $137,000 currently, so they have added $65,000 to the value of his house in the last 5: years.
Property taxes in Texas on $137,000 are $4,000+/- per year. But remember, it was only appraisal at $65,000 just 5 years ago, and he was probably only paying $800 in property taxes back then. Growing from $800 per year to $4,000 per year, in just 5 years, when most likely he's not done any additions or remodeling to his trailer home, is egregious and erehensible
In other words his renting his home.
@@elbertmoreno2159 i mean, to an extent, all home owners are. It's not like we can take our homes with us when we die.
@@scrapping4shiba That is crazy! Even 2% should be $2600. Why is $4000? My house in L.A. is assessed at 200s and tax is $2200 a year.
Wow, what’s wrong, taxans are very proud of how the state is running, less tax, business is booming, no gun restriction. That what the governor said. 😂😂😂
Yup, High Taxes and Gun restrictions is what is running people & businesses out of Democrat S💩thole states.
There is no perfect place anywhere.
Texas just need to tax all the californians and new yorkers fleeing to Texas because of their liberal state laws.
@@samguy7209 talk like a real patriot 😂🤣😂🤣
@@samguy7209even Texans don’t want to be in Texas. I see their license plates everywhere over here 😂😂😂😂
This is what we all asked for. We created a country where it’s sink or swim and every person for themselves. Enjoy the fruits of that
This is happening all over Texas and it's out of control. Nueces County went absolutely nuts and it's not even realistic. People can't afford this!
Gary yes i was stunned to see how high the taxes are in texas. I wanted to move there ( love the state) & homes were affordable & then saw the taxes attached to the homes. WOW ...who but the rich could afford that? It's the fleecing of the working class. Disgusting.
Abbot's $ 200 of relief is a joke
Trust me eventually they’ll address this properly. Especially, in the Austin capitol. I know cities tend to really abuse their authority
@@ErikPT yes!! I couldn't have said it better. That could absolutely be said about this state too. Fleecing of the working class.
Put property tax in brackets like income tax. The first $100,000 of value would be untaxed, the next $100,000 would have a small percentage, and so on.
Property taxes are a scam, why and how the hell am I paying taxes on something I own?!
All the citizens have to do is tell the governor they will have to sell their guns in order to pay their taxes. They will lower taxes to zero before the weekend.
genius! that will hit them right in the pockets of their well funded NRA lobbyist!
say what you will, but California passed Prop 13 back in 1978. Elderly widows had to sell their homes because they couldn't pay the property tax bill.
Prop 13 is no more! Its a dam shame! We used to be able to pass on our home to our kids and the kids would get the tax rate we had. Now property values have exploded and when we die a paid off family home will be too expensive to maintain for the kids simply cause of property taxes. Its insanity! The f******* house is paid off!
And prop 13 along with environmental laws has made homes unaffordable for anyone making less than $400k in much of the bay and less than $250k in Los Angeles. What a disaster!
@@bubba6989 how does prop 13 make houses expensive in California? I live in L.A. the reason it is expensive here is over regulation and out of control fees that make building housing expensive that in turn lead to short supply. We are short several million units. The short supply of housing units are man made.
They could have just given a discount for low income people over 65.
@@danpan001 greed! People's greed refusing to find a way to drive the market value down, that's all! 😂 they like the idea of owning expensive properties but don't like paying tax.. 😂
One of the reasons for that high number of foreclosures in Texas is because people spent huge amounts of their savings fixing their houses after the big freeze and power outage a couple years ago. A disaster like that can be hard to recover from. It doesn’t help that the lack of power corporation regulation in Texas is what led to the disaster in the first place.
How can a power outage, or some ice destroy a home? Those old timers have been retired for years. Texas income was about 6 bucks an hour when they were working. Not our problem they don't have a savings. They get what they voted for. They are tough, they can pull themselves up by the boot straps. Can't afford your house then you will have to sell it. The Government isn't your Sugar Daddy! What is next? Food stamps and welfare lines. Get a job.
whatever happen to lawsuits from lack of power corporation regulation in Texas-governor of Texas is probably president & ceo of all deregulated electric companies in Texas
My parents are in the same boat, retired, house paid off but still every year property taxes are a burden and you never know how much they will charge until the bill shows up. Even though senior citizens get a discount it still doesn't stop the rates from rising year after year. Its crazy.
Tired of California? Move to Texas! Brag about it on social media. Receive property tax bill. Quietly sell the house and move back to California.
Or elect some liberal leadership in TX to fix this mess.
Nobody flees Texas for better government in California.
@@petepeterson5337 50,000 Texans a year move to ca
@@petepeterson5337 I have several neighbors from Texas who prove that statement wrong
@@wblynch They moved to California for better government?
Texans need to realize the government gets its tax money one way or another. Either the “job creators” pay or everyone else does.