[...SHE IS FOR ELIMIINATION OF PROPERTY TAX]
This is as stupid as the Democrats “utopian” government. Tell me again WHERE are we going to get our tax dollars to run this great state? If we eliminate property taxes, then sales taxes will go up, or a state income tax would have to replace the lost income.
If you believe you can remove property taxes without one of the two solutions above, then I have some ocean front property in Dumas, Texas that I want to sale you!
“If you believe you can remove property taxes without one of the two solutions above, then I have some ocean front property in Dumas, Texas that I want to sale you!
But is it really possible to completely replace property taxes in Texas by expanding the sales tax base?
Yes. The Texas Public Policy Foundation (TPPF) released a study in April, 2009 showing that simply expanding the sales tax base to include categories of goods and services that are not currently taxed in Texas, but that are taxed in other states, would replace almost all the revenues currently collected by the property tax. Examples of some services that we currently do not tax include mining services, drilling services, legal services, limousine services and others. By also adding in a one-time sales tax on the saleof property (as opposed to an annual tax on property ownership), the TPPF study showed that we could replace the entire property tax revenues with a modest increase in the sales tax rate to 8.8 percent.