Hell yeah, looks like Debra Medina has an ally to take up her cause of eliminating property taxes in Texas. Article here: texastribune.org/texas-politics/2010-legislative-races/new-state-senator-from-sd-22-talks-eligibility/
Locally, we had Midlothian Councilman Ken Chambers (he lost re-election on May 8) favor eliminating property taxes.
It's an issue that needs to be hit to the hilt, because property taxes are merely governmental rent payments. You people are pricing younger people like me out of considering buying whole parcels of land due to the perverse property tax structure.
Ya, ya, ya, then you'll have people who say their "values" will plummet. People, you need to educate yourselves on what money really is. These things called dollars are not money. They are notes. When the "value" of a property goes up, that doesn't mean the literal value of the property goes up. That means the dollar is becoming worth-less. It's economic science. Research it.
...eliminating property taxes doesn't solve the problem.
ResponderEliminarProperty taxes are a symptom of a larger disease or cancer if you will.
SPENDING is the cancer or disease that is the real problem.
If the gov't doesn't get the money it wants (yes, I said wants) with property taxes, then they'll get it somewhere else.
In essence, you treat a symptom or cut out only part of the tumor, but the disease or cancer goes merrily on...
Hey, I get 2 for the price of 1