Governor Greg Abbott’s final test of the term will be whether he can implement one of the tenets of conservatism in the most practical way.
Can Abbott and Congress cut school property taxes now and eventually eliminate them altogether giving the public money to the state?
Property taxes aren’t a sexy topic, they’re complicated. But what is tempting and simple is the idea that once this problem is solved, the state will not spend its surplus revenues on additional government programs and burgeoning bureaucracies. Homeowners will get extra money for their lives. Lawmakers have spent weeks debating the issue of property taxes why they are so high whether they should be lowered and what to do next. You are locked into a special session on this subject.
“In the future property values will rise, so the property tax rate will decrease year by year”
As home values rise, the value of this deduction begins to decline.
Most people don’t think about politics every day: They think about things like how to make a living, their health insurance premiums, or the weird new sound their car is making. The average Texan is too busy with work or taking care of a family to analyze the best way for legislators to reduce or eliminate property taxes.