3 ms·
"As a Californian I find it quite ironic that many policies in “conservative” Texas (ex. university admissions, property tax, income tax) are more much more pro
by mcguire 5y ago
"As a Californian I find it quite ironic that many policies in “conservative” Texas (ex. university admissions, property tax, income tax) are more much more progressive than what we have in “liberal” California."
While I (as a graduate of UT Austin) agree with most of your comment, I would like to know why you believe Texas' tax policies are progressive?
(Texas does not have an income tax, but does have (very high) property taxes. A resident of Texas with a large income but a small real-estate footprint pays relatively few taxes (which is why many wealthy individuals choose Texas as their state of residence) while an average homeowner, whose house is the largest asset, pays a greater relative tax rate.)