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by Lynyrd
Wed Apr 10, 2019 10:59 am
Forum: 2019 Texas Legislative Session
Topic: Property taxes
Replies: 60
Views: 30563

Re: Property taxes

The very worst thing about property taxes are school bond elections. They want to build something, so they call an election to gain approval to borrow money by issuing bonds. Along with that bond issue comes an increase in taxes to pay off the bonds. In 10 or 20 years when the bonds are paid off, the original reason for raising the taxes is now gone. But do they ever roll back that tax when the bonds are retired? NO! The system is rigged to push taxes higher and higher.

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