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Old 11-14-2023, 05:22 PM
 
Location: SF Bay Area
7,255 posts, read 3,785,370 times
Reputation: 5244

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Quote:
Originally Posted by Dopo View Post
The only reason Texans are getting tax cuts is because we have been overtaxed by the republicans running the state for a long time.
The tax structure that resulted in high property taxes in Texas was part of the 1979 "Peveto bill," named after Democrat Rep. Wayne Peveto.

At the times his bill was passed, the Democrats were in full control of the Texas Legislature.

66th Texas Legislature (January 9, 1979 - May 28, 1979) --

Senate
Democratic Party 27
Republican Party 4

House
Democratic Party 127
Republican Party 23

And you blame Republicans? Republicans are undoing the high-tax structure put in by Democrats.
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Old 11-14-2023, 05:27 PM
 
34,014 posts, read 17,045,886 times
Reputation: 17187
Abbott is doing a wonderful job.
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Old 11-14-2023, 05:28 PM
 
Location: SF Bay Area
7,255 posts, read 3,785,370 times
Reputation: 5244
Quote:
Originally Posted by FrankNSense View Post
He is asking for FEDERAL funds. Meaning that not only the American citizens in New York get to pay for it, but taxpayers in the other 49 States get to as well.
Strange, when our Republican Governor Pete Wilson asked for similar help in the 1990s, Bill Clinton told him to pound sand. The feds said they had no duty to reimburse the states for the costs associated with the Democrat open border policy. This eventually led to our Proposition 187, which was still in the courts when the new Democrat governor decided to drop the issue (it was never settled.)

I wonder if sanctuary city NYC with its Democrat mayor will receive relief from Democrat President Biden?

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Old 11-14-2023, 05:29 PM
 
Location: SF Bay Area
7,255 posts, read 3,785,370 times
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Quote:
Originally Posted by BobNJ1960 View Post
Abbott is doing a wonderful job.
I'd trade Newsom for "Wheels" any day.
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Old 11-14-2023, 06:14 PM
 
8,016 posts, read 5,855,244 times
Reputation: 9682
Can you imagine being a 45 year-old NYC native who has been employed since you were 15. You've paid 30 years of taxes, and likely never received a handout. However, here are literally thousands of ILLEGAL ALIENS that the mayor is going to make it rain on, and they have contributed nothing but problems.

Never, ever underestimate the stupidity of a Democrat, even a moderate Democrat. Critical thinking takes a back seat to virtue signaling with these mouth-breathers.
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Old 11-14-2023, 06:16 PM
 
8,016 posts, read 5,855,244 times
Reputation: 9682
Quote:
Originally Posted by Dopo View Post
The only reason Texans are getting tax cuts is because we have been overtaxed by the republicans running the state for a long time.

What are these "overtaxes"?

Is it property tax? Sales tax? Gas tax? What exactly are they?

I've looked at TX real estate recently, and it's a far different situation than property in the northeast.
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Old 11-14-2023, 06:29 PM
 
15,413 posts, read 7,472,574 times
Reputation: 19348
Quote:
Originally Posted by ntwrkguy1 View Post
What are these "overtaxes"?

Is it property tax? Sales tax? Gas tax? What exactly are they?

I've looked at TX real estate recently, and it's a far different situation than property in the northeast.
Texas has no state property tax and no state income tax. Most of the state revenue comes from sales taxes, which are subject to variation when the economy moves up or down. There is also a decent amount of revenue from oil and gas severance taxes.
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Old 11-14-2023, 06:34 PM
 
Location: SF Bay Area
7,255 posts, read 3,785,370 times
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Quote:
Originally Posted by WRM20 View Post
Texas has no state property tax and no state income tax. Most of the state revenue comes from sales taxes, which are subject to variation when the economy moves up or down. There is also a decent amount of revenue from oil and gas severance taxes.
Texas has high property taxes. This latest tax cut is a property tax cut, and an attempt to give Texans their own light version of California Proposition 13. A very light version. Proposition 13 is better.
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Old 11-14-2023, 07:36 PM
 
23,968 posts, read 15,069,127 times
Reputation: 12938
Quote:
Originally Posted by mattja View Post
Texas has high property taxes. This latest tax cut is a property tax cut, and an attempt to give Texans their own light version of California Proposition 13. A very light version. Proposition 13 is better.
IIRC, we will get a larger exemption on the property tax. Most of us pay property tax plus a Municipal utility district fee. I pay 500 a year to pay off the bonds for water supply and getting it to my house. Then a HOA fee that pays for street lights, etc in the subdivision. The trash pick up comes from the HOA or MUD.

In Houston area we also pay a fee on the water bill for regional water authority. That is because Houston is sinking. So we have to stop draining the aquifer dry.That fee goes to put in the infrastructure for getting water from Lake Houston. It is based on the amount of water used. We figure that fee cost us 25 bucks when we water the yard, plus the water.

Depending on the amenities in the subdivision add on to the property tax another $1500- 2500 fees.
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Old 11-14-2023, 08:56 PM
 
18,127 posts, read 25,272,176 times
Reputation: 16833
Quote:
Originally Posted by ntwrkguy1 View Post
What are these "overtaxes"?

Is it property tax? Sales tax? Gas tax? What exactly are they?

I've looked at TX real estate recently, and it's a far different situation than property in the northeast.
Property taxes around 2.7% of property value
In 10 years my property taxes went up $350/month just because they think my house’s value has gone up

Last edited by Dopo; 11-14-2023 at 09:04 PM..
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