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To: SeekAndFind
"New research suggests that if Texas eliminates its local property tax system, ranked as the 14th most oppressive in the nation, and instead replaces those lost revenues with an adjusted sales tax, then the ensuing flood of capital investment and business activity could ignite the Texas economy for years to come."

i.e. research paid for by Realtor lobbies that shows that lowering property taxes will help businesses associated with property but most likely leaves out what will happen to the retail sector.

16 posted on 06/02/2014 7:34:04 PM PDT by who_would_fardels_bear
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To: who_would_fardels_bear
People rarely have a problem with sales tax. The reason being it is right up front and not hidden so when you are thinking of making a purchase you know way ahead of time you will have to pay that additional fee AND the important part is EVERYONE PAYS IT... If you buy at a legal retail outlet you have to pay it just like everyone else.

The problem with property taxes is people who don't own property get to vote on whether to raise taxes on property they don't own. Further if you are a property owner you never really own it, you must always pay that fee or the Gub'ment will take it away from you and then sell it to someone else who has to pay the fee or they in turn will lose it.

45 posted on 06/02/2014 8:42:33 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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