Bumpyroad wrote:
the state is going to get whatever money is needed from some source. whether it is spent wisely is another discussion. when I considered Texas, the no income tax would about break even with the increased property tax I would have to pay, on IIRC a $250,000 home. that is unless some excessive MUD tax was also involved.
bumpy
It depends on where that $250K home is. We had a home appraised at $329K in San Antonio and paid over $7,500 property tax each year, most of it school tax. We moved to a small town in another county and have a house appraised at $250K and our property tax is only $4,100. Car registration is low, but sales tax is 8.25%. Like you say, state and local government has to get the money from some place.