Monday, March 29, 2010

Property Taxes on Owner-Occupied Housing

http://www.taxfoundation.org/taxdata/show/1888.html

Texas ranks as one of the highest for property taxes being a percent of one's income. The bureaucrats continue to spend so that you are required to come up with more out of your pocket each year for your property tax bill. If we continue down this road every ISD in this state will force us all into bankruptcy and we will be seeking a bailout. Only one problem............no one there to bailout the property owners who pay the majority of the taxes so the bureaucrats can continue to operate!

Someone once posted on here that it would be best if we "shut'um all down" and this might be the best solution. The money invested returns a minimal gain if any gain at all. If you have been reading the news lately even the Obama camp is on board for "shut'um down"! Perhaps the time has come................."shut'um down".