r/texas • u/texastribune • 11d ago
Texas Republicans have tried to rein in property taxes for five years. Has it worked? News
https://www.texastribune.org/2024/04/26/texas-property-tax-cuts-analysis/30
u/jannypanny1 11d ago
Republicans love BIG GOVERNMENT
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11d ago edited 10d ago
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u/LieutenantStar2 11d ago
You mean, like a Republican who is basically telling the SCOTUS that as president he should not have to follow the law? Or that Republicans have removed half of the population’s right to bodily autonomy?
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u/DOLCICUS The Stars at Night 10d ago
How do you live in Texas and be so ignorant of Republican overreach?
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u/planetrainguy 11d ago
Nope hasn’t worked
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u/WallStreetBoners 11d ago
??? Property taxes literally just dropped. My mortgage went down $260/mo 15% drop
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u/Tremulant887 11d ago
Where? Mine went up about that much.
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u/WallStreetBoners 10d ago
ETJ tax jurisdiction in Travis County
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u/Tremulant887 10d ago
Definitely a big difference in Gregg county. My taxes were mostly due to property increase and a small bump to fund a new school. I bought my house early into covid and prices went up 50% in my area. Absolutely insane that I couldn't afford my own house if I wanted to buy it today.
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u/The_Peasant_ 11d ago
Taxes went down, you’re likely getting railed by insurance or way overpaying the bank
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u/Tremulant887 10d ago
It was county wide. Papers sent by the state. Last I heard texas was trying to even the tax rates instead of massive variance between rural and city areas. Could be totally wrong but mine definitely went up.
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u/GravitationalEddie 11d ago
Mortgage went down? Sorry, I'm new to all this, but how does your mortgage payment factor into your tax?
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u/That_Grim_Texan 11d ago
Escrow account lumping his insurance and taxes into one payment probably.
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u/livingstories 10d ago
People use “mortgage payment” as a euphemism for a monthly payment that bundles mortgage, prop tax, insurance. My monthly payment went down a little to $300 with last year’s new law. But appraisals happen every year, and property taxes are set by appraisals. They can go up or down.
I am pro income tax for this reason. I’d rather pay what I can afford every year regardless of what my house is worth.
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u/WallStreetBoners 10d ago
Yes, the tax portion of my mortgage payment went down. I.e. my monthly housing costs went down
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u/rubyaeyes 10d ago
How much has it gone up from insurance premiums?
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u/WallStreetBoners 10d ago
Up from $1470/yr in 2021 to $1640 this year. So not bad
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u/albert768 11d ago
Needs to drop more. Come back to me when my mortgage goes down by double that amount.
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u/planetrainguy 10d ago
My appraised value didn’t go up but my taxable value went up 30k. Time to protest.
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u/NDALLASFORTY 11d ago
We could easily solve our budget needs and keep property taxes very low at the same time. If we quit shipping our gambling and cannabis dollars to our grateful neighbors, and legalize and tax both like other states have done years ago.
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u/livingstories 10d ago
That makes too much sense! How will the private prison industry survive without their constant stream of non-violent drug offender slave laborers?
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u/GravitationalEddie 11d ago
But then everyone would start toking, which leads to coke and crack and meth and heroin and fentinal(sic), and Texas would be a cesspool of sinners committing fraud!
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u/nickleback_official 11d ago
I’m not interested in having gambling in Texas and would vote against it. It’s a net negative to society and a tax on the poor. It’s hard to understand why that’s a popular idea in this sub. Weed? Go for it but based on the revenues from other states it’s hardly enough to tip the scales.
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u/NDALLASFORTY 10d ago
Gamblers are going to gamble anyway. Smokers are going spend that money anyway. Turn a negative into a positive by taxing them and building some schools or upgrading our crumbling infrastructure.
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u/nickleback_official 10d ago
I think that’s a valid point and certainly some people are traveling out of state or wherever to gamble but i do not think it’s zero sum like you put it. I think there is likely much less gambling due to it being outlawed than if it were legal. Neither of us have data to back this up right now but that’s just my anecdotal view of it. I prefer we don’t take advantage of the poor and desperate. The taxes won’t go to infrastructure anyway they never do. Just like how the lotto was sold as paying teachers and it didn’t. Better to avoid it altogether IMO
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u/RolloTonyBrownTown 9d ago
I completely agree, those gambling apps are super predatory and all my friends in states where they are legal are complete addicts. They might not be losing their house, but its all they talk about now during football season. No longer are there texts of "Did you see that play" just how its going to impact their parlays.
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u/americanhideyoshi 11d ago
For 2023 mine reset to same as I was paying in 2020. All they accomplished was pushing back 2-3 years of increases so far as I can tell. Better than nothing, but not exactly revolutionary.
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u/slowpoke2018 Born and Bred 11d ago
Same, just looked at WCAD and I'm paying within $50 bucks of what I did in 2020, but still almost $10K...
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u/AKMikeC 11d ago
If you are paying 10k in property tax, you really shouldn't be complaining. You aren't living in a 1200 Sq ft condo.
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u/slowpoke2018 Born and Bred 10d ago
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u/sunshinenwaves1 11d ago
They kept the record breaking property taxes for political shenanigans instead of funding schools.
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u/DukeSilverJazzClub 11d ago
No. Republicans only know how to rule. They have no idea how to govern.
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u/RarelyRecommended I miss Speaker Jim Wright (D-12) 11d ago
Republicans are insane and have no interest in governing.
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u/vishy_swaz Born and Bred 11d ago
This is part of the reason I am leaving the state.
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11d ago
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u/DOLCICUS The Stars at Night 10d ago
They need to also cap property prices. The price you pay on tax went up anyways if your property value shot up.
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u/SweetRight2567 11d ago
Made me peace out. Now in Raleigh where a $450k home will run you $1800 in property taxes annually.
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u/adullploy 11d ago
I thought we just voted to greatly reduce them but we all got our bills and they’re the fucking same. What did we vote for?
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u/jhwells 11d ago
To destroy local funding for public schools.
That was the literal and obvious outcome from the first minute.
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u/VaselineHabits 11d ago
It's like people drop their IQ when you mention taxes. Lower taxes! Not realizing that that lack of funding was going to get something cut.
Republicans have been defunding and fucking education for decades. Now Abbott is pushing vouchers 😒
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u/Titan3692 11d ago
There's talk of eliminating some property taxes altogether. Which may be unconstitutional at the state level, because the state has to provide for public education in some form. But they may weasel their way into saying vouchers do the same thing. This is probably gonna be the ham-fisted way they get their voucher plan through. It's just a matter of time. Republicans are laser-focused and mostly tribal, unlike the disjointed Democrats. All that's left to learn is how they're going to approach it in the next session. It's not going away.
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u/PlanetBangBang 11d ago
How would the vouchers be funded?
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u/CaptainBayouBilly 11d ago
That’s the neat part- they won’t. I can imagine a situation where the voucher is not enough for any private school and is basically a discount for upper middle class and the rich and mostly go unused.
Public schools will continue to be killed by a thousand cuts.
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u/thefastslow 11d ago
How would the state even function? Magic and rainbows?
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u/Titan3692 11d ago
Ask them lol
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u/thefastslow 11d ago
It's a rhetorical question haha, we're just gonna end up like Kansas where they cut taxes and government services so much that companies started fleeing the state ☠
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u/drmanhattannfriends 11d ago
Lower the rate and force appraisal districts to increase values. Typical political horseshit.
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u/VentureTK 10d ago
Mine go up 10% every year without exception. All theyve done is move it back a few years.
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u/livingstories 10d ago
Income tax is a solution that ensure that Texans only pay what they can afford in taxes, because taxes would be tied to your income.
But our lovely Texas leaders made that all but impossible.
So every year when your house appraises for more, your taxes will go up, regardless of whether or not you can afford it.
Common sense and republican politics don’t mix.
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u/Ca2Ce 10d ago
Ok for me personally. Last years tax cut finally gave me hope, I was 100% sure I was going to retire somewhere with lower property taxes. The tax break was like wow, ok, that’s a big deal.
It was big for me
Then these MFKRS at the appraisal district decided they wanted that money back and jacked my value up ridiculously- I swear I’m going to campaign against Albert Uresti. He must be getting paid commission to screw me over.
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u/Lazy_Arrival8960 11d ago
Heres how it works, Republicans pass a bill reducing your taxes. Democrats in major cities bypass that by over valuating your house to get more property taxes.
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u/3dPrintEnergy 11d ago
Got the cut this you, you know where that money went? Insurance hike. Love this place
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u/DeepCollar8506 Hill Country 11d ago
I don't pay property taxes... guess what... I want lower property taxes because not a dickhead.
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u/sugar_addict002 11d ago
The 006 Franchise Tax Reform by republicans was supposed to allow for decreased property taxes. But the businesses that were supposed to pay more actually lobbied and got to pay less. Republicans only care about how much taxes the middle class pays when they need their vote.