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Texas has some of the highest property tax millages in the U.S. they’re closer to a land value tax than most other places
by georgeburdell 1y ago
Texas has some of the highest property tax millages in the U.S. they’re closer to a land value tax than most other places
- ProllyInfamous 1y agoYes, but anybody with considerable land has it deeded "agricultural" so they effectively don't follow the Georgian tenants of Land Value Tax's basic theory. See https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax For example, beekeeping as a hobby is expensive (you will never recoup in honey sales)... but in many states "worth it" for the agricultural exemption, alone.