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>the same can be said for all homes as property tax in effect means the state owns your land and by default your home. Every year I show my wife and kids the 1
by hourislate 6y ago
>the same can be said for all homes as property tax in effect means the state owns your land and by default your home.
Every year I show my wife and kids the 14-15k dollar property tax bill and tell them isn't it nice that we get to pay all this money for the privilege of owning a home here (DFW).
- Mauricebranagh 6y agoBut no state income taxes in Texas. FYI that is over four time the maximum property tax in The uk and that includes the 10 mill plus mansions in London's embassy row. Edit its 4x not Twice is misremebered
- hourislate 6y agoYes, no state income tax but they make up for it in other ways. To be fair, half of my property taxes $7.8k go to fund schools. Someone has to pay for the artificial turf football field and 8 million dollar sport facility at the middle school (grade 5-8).
- ssharp 6y agoI live in a township with no local income tax, so property tax funds everything local -- public schools, local + county roads, local police, county sherif, fire department, libraries, etc.