4 ms·

Out of curiosity, why do Texans dislike state income tax, but subject themselves to 2% property tax? This was one of my family's reasons to choose against movin

• claydavisss 8y ago
  This tax structure simultaneously keeps housing cheap while putting more money in the hands of workers.
  • xellisx 8y ago
    "Cheap"? Housing pricing in most of Texas have gone crazy in the last couple years. I'm paying 2x more in property tax than I was 2 years ago because of the "boom".
• kodablah 8y ago
  It's about where the tax goes, local vs state, worker vs landowner. Also, as a by product, helps encourage turnover. There is also sales tax for other expenditures, but a lack of state income tax in general encourages income/business.
• shiftpgdn 8y ago
  Property tax is variable from neighborhood to neighborhood. I pay 3.6%, some of my co-workers pay as high as 5.2% and some less than a fraction of a %.
• tjalfi 8y ago
  There are some exemptions for Texas property taxes if you are over 65, disabled, or a veteran. Sources: [0] [1] [2] [0] https://www.nolo.com/legal-encyclopedia/are-you-getting-all-your-texas-property-tax-breaks.html https://www.nolo.com/legal-encyclopedia/are-you-getting-all-... [1] https://www.star-telegram.com/opinion/opn-columns-blogs/bud-kennedy/article211993084.html https://www.star-telegram.com/opinion/opn-columns-blogs/bud-... [2] https://comptroller.texas.gov/taxes/property-tax/exemptions/age65older-disabled-faq.php https://comptroller.texas.gov/taxes/property-tax/exemptions/...