John S. wrote:
Chainwright wrote:
Hmmm, My problem is with Property taxes. in Texas we have the 3rd highest property tax rates in the nation. Yup, Texas keeps advertising:"Come to Texas, where housing is cheap," and I laugh. Yeah you may be able to buy a home for 200K which in Cali could run you 800K to 1M+ as in NYC. But, what is not advertised is that you Property taxes go up between .5% to 1% (i'm being nice) per yr. So on a 200k house you start out paing 8000+ a yr in property taxes. We're paying 14K right now. But out of principle we don't see why we should. To us it's outrageous. Just imagine all those folks that live in homes that were Passed down to them from generation to generation, what do you tell them? "sorry, Too bad." "Your family didn't leave you enough money to pay for taxes in the future? well you gotta sell and git." As a retired vet, that's definitely NOT what I fought for.
But you have no income tax and that is much more your property tax.
WRONG! my income tax was never ever anywhere close to the 14K I pay in property taxes. At this point I'll gladly accept a State income Tax.