Tow truck drivers are worse.
I am not saying freeze taxes, just the valuation. Make the elected officials own the tax increases. As it is now, they can brag about reducing tax rates while the actual taxes we pay increases.HTownAg98 said:taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
California has done this, and look what happened to them.
So, when has a wealth tax ever been acceptable?Tex100 said:Yeah, but it isn't an income tax. It is a valuation tax.taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
One thing city of Tyler does is they voted in a small sales tax hike, and when they got enough money in the bank-- they pay cash for streets and repairs.Spotted Ag said:Ridiculous. Thing that pisses me off the most is they try to compare my house to houses on the other side of the county in urban areas. Houses 20 miles away from mine that are on city water and sewer, have paved roads, and are in large neighborhoods are "comparables". My home and property is none of those things.EMY92 said:
In McLennan Co, the house next to mine sold for twice my appraised vaiue a few months ago. The house 2 doors down sold for 2.5 times my appraised value a few weeks ago.
I'm just grateful for the cap on rate increases with the homestead exemption.
Not all of us city folk have city sewer, although the house 2 doors down from me does.Spotted Ag said:Ridiculous. Thing that pisses me off the most is they try to compare my house to houses on the other side of the county in urban areas. Houses 20 miles away from mine that are on city water and sewer, have paved roads, and are in large neighborhoods are "comparables". My home and property is none of those things.EMY92 said:
In McLennan Co, the house next to mine sold for twice my appraised vaiue a few months ago. The house 2 doors down sold for 2.5 times my appraised value a few weeks ago.
I'm just grateful for the cap on rate increases with the homestead exemption.
I don't think property value increases are capped. Only the applicable tax increase.BQ78 said:
I thought there was a max of 30% or something they could be raised in a single year. He needs to protest.
My favorite Palestinian Jew might disagree with you:Spotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
Its a interesting idea but I wonder what that would do to home sales volume, and then what that would in turn do to home prices.taxpreparer said:I am not saying freeze taxes, just the valuation. Make the elected officials own the tax increases. As it is now, they can brag about reducing tax rates while the actual taxes we pay increases.HTownAg98 said:taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
California has done this, and look what happened to them.
edit: fixed typo
I had to have this explained to me just last week because it's confusing and it's not explained well anywhere. Your appraisal value can go up however much it goes up, but the actual tax amount increase you will pay against that is capped at 10% per year. Thus, if your appraisal has increased by huge leaps, like is happening right now, your tax amount increase will cap at 10% but will keep increasing at 10% every year until it catches the appraisal number.BQ78 said:
I thought there was a max of 30% or something they could be raised in a single year. He needs to protest.
taxpreparer said:I am not saying freeze taxes, just the valuation. Make the elected officials own the tax increases. As it is now, they can brag about reducing tax rates while the actual taxes we pay increases.HTownAg98 said:taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
California has done this, and look what happened to them.
edit: fixed typo
we've been in a weird spot. i know you know the area, so this should make sense.Ellis Wyatt said:Oh, yeah. One of my buddies in rural Salado also got hammered. I live a little west of y'all. The whole area has seen huge increases.c-jags said:in Bell County they've gone really insane in most of Belton and West Temple. some people with 100-200% increases. i think they had people from Travis and Williamson county come do them.Ellis Wyatt said:
I saw that they announced last week to expect appraised values to rise 30% this year. I'm guessing you have received a notice.
somehow they have my property value at 30% of what our real estate appraisal actually is so i'm just minding my business and keeping a low profile over in east Bell county..
I wouldn't have even typed that last part out...
This is a good compromise.YouBet said:
This thread is why I asked the folks at The Texan to do an in depth article on this topic. There are multiple ways to do this but there are so many pros and cons and unintended consequences that no one really knows what the hell will really happen if we change it.
It seems like the right solution is some kind of hybrid model leveraging a capped property tax idea + sales tax idea, but who the hell knows.
YouBet said:
This thread is why I asked the folks at The Texan to do an in depth article on this topic. There are multiple ways to do this but there are so many pros and cons and unintended consequences that no one really knows what the hell will really happen if we change it.
It seems like the right solution is some kind of hybrid model leveraging a capped property tax idea + sales tax idea, but who the hell knows.
baron_von_awesome said:Or switch to sales taxtaxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
Missed all the market appreciation the last year I guess? They're just doing their jobs and property taxes are the mechanism by which we fund our local govts in Texas. They experienced inflation and need more money to pay for school districts (yes those "groomers" have to be paid), city services, etc.Spotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
TXAGFAN said:Missed all the market appreciation the last year I guess? They're just doing their jobs and property taxes are the mechanism by which we fund our local govts in Texas. They experienced inflation and need more money to pay for school districts (yes those "groomers" have to be paid), city services, etc.Spotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
Republicans have been in charge for decades and the guy who ran against Abbott in primary said he wanted to change it. He lost.
Disagree, you're conflating property tax with income tax.SoupNazi2001 said:TXAGFAN said:Missed all the market appreciation the last year I guess? They're just doing their jobs and property taxes are the mechanism by which we fund our local govts in Texas. They experienced inflation and need more money to pay for school districts (yes those "groomers" have to be paid), city services, etc.Spotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
Republicans have been in charge for decades and the guy who ran against Abbott in primary said he wanted to change it. He lost.
We should not charge taxes on unrealized gains which is what property taxes do.
taxpreparer said:So, when has a wealth tax ever been acceptable?Tex100 said:Yeah, but it isn't an income tax. It is a valuation tax.taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
If you are taxing me on valuation, what do you call it? It is not unrealized gains because it is on the full value, not the increase in valuation. A valuation tax is another term for wealth tax; just a specific asset is being counted.TriAg2010 said:taxpreparer said:So, when has a wealth tax ever been acceptable?Tex100 said:Yeah, but it isn't an income tax. It is a valuation tax.taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
Property taxes aren't a wealth tax if that is the point you're making.
taxpreparer said:If you are taxing me on valuation, what do you call it? It is not unrealized gains because it is on the full value, not the increase in valuation. A valuation tax is another term for wealth tax; just a specific asset is being counted.TriAg2010 said:taxpreparer said:So, when has a wealth tax ever been acceptable?Tex100 said:Yeah, but it isn't an income tax. It is a valuation tax.taxpreparer said:
Property valuation should be frozen at the its value when it was purchased. Let the elected politicians change the rate as needed, instead of an unelected person (or person) decide what they think it is worth. what we have now is the equivalent of taxing unrealized gains.
Property taxes aren't a wealth tax if that is the point you're making.
those tears must be saltySpotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
How many billions has unfettered illegal immigration cost Texas ISDs over the last 2 decades?TXAGFAN said:Missed all the market appreciation the last year I guess? They're just doing their jobs and property taxes are the mechanism by which we fund our local govts in Texas. They experienced inflation and need more money to pay for school districts (yes those "groomers" have to be paid), city services, etc.Spotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
Why didn't you fix problem when in charge all those years (not every year of course at federal level, Dems have controlled legislative/executive some periods) over last two decades?Ellis Wyatt said:How many billions has unfettered illegal immigration cost Texas ISDs over the last 2 decades?TXAGFAN said:Missed all the market appreciation the last year I guess? They're just doing their jobs and property taxes are the mechanism by which we fund our local govts in Texas. They experienced inflation and need more money to pay for school districts (yes those "groomers" have to be paid), city services, etc.Spotted Ag said:
These *******s deserve to be put under the jail. Bunch of damn thieves is all they are. How ANY person with any self respect could choose to do work for an appraisal district is beyond me. They are the lowest of the low. Slime in the ice machine. Streaks in the toilet bowl. Dirtier than a homeless dude's underwear. Seriously, they can screw the hell right off.
Why do you vote for the invasion?
Maybe, but that doesn't convince yet. Stil feels like a hybrid model would work best because you could in theory mitigate the extreme impacts of going all in on way or the other. But, again, I don't know if that is true. Would need to see some extensive analysis on that. The challenge is I'm not sure if we have any real world examples of it. Maybe we do though...aggrad02 said:YouBet said:
This thread is why I asked the folks at The Texan to do an in depth article on this topic. There are multiple ways to do this but there are so many pros and cons and unintended consequences that no one really knows what the hell will really happen if we change it.
It seems like the right solution is some kind of hybrid model leveraging a capped property tax idea + sales tax idea, but who the hell knows.
This is what Debra Medina ran on in 2012. It was a good idea.
https://amp.statesman.com/amp/9788969007
" The Texas Public Policy Foundation study found that an average sales tax rate of 14.5 percent could raise enough to equal all the property and sales tax collections without changing what is now taxed. Applying the tax to more services and to real estate sales would allow a lower tax rate of 9 percent."
The appeals boards are made up of volunteers. The appraisal district seeks new volunteers each year. They are not paid.Houstonag said:
Do not rely on the appeal to the board. At best you will get some token decrease if at all. The members are courted by the local school district and the muni staff and council members. They want to fund their projects and so called maintenance. They need to focus on efficiency budget responsibly.
One recent group I know voted for a 5% across the board salary increase for all employees. I asked to justify this move when people I know lost their jobs during this covid shut down and still looking for employment other than a fast food business.
They are just like DC. The spend, spend …….