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WELL I WOKE UP 5K BROKE! :LAUGH:

WELL I WOKE UP 5K BROKE! :LAUGH:
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ParksideRes Top Forum Contributor10.1 yrs
~ 2 days, 10 hrs ago    
Atascocita888 :
I went and found some documentation. Abbott's proposal was that there would need to be a 2/3 vote on ANY increase to the property tax rate at all. Not just over a certain threshold.
 
www.texastribune.org /2025/02/10/greg-abb ott-property-taxes-v oters/
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ParksideRes Top Forum Contributor10.1 yrs
~ 2 days, 10 hrs ago    
I think a personal income tax could completely replace property taxes.
 
A flat rate of 3.66% could completely replace property taxes in Texas and keep current income for the same entities.
 
If we look at just residential property tax being cut, the income tax would need to be just about 1.9% flat.
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Atascocita888 Top Forum Contributor4.4 yrs
~ 2 days, 10 hrs ago    
ParksideRes : Yes, I went back a read where I found the info and see you are correct. It is any increase.
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