TexasCHLforum.com

My biggest problem with ISD taxes is bond elections. When an election votes for the bond, taxes are raised. When the bonds are paid off, taxes never go down. The system is rigged to keep increasing taxes in perpetuity. Once the bonds are paid off, there should be a law that taxes get immediately rolled back the inflation adjusted amount that they were raised when the bond election passed. Instead, IDS's just swallow up that money they were using to pay off the bonds as extra revenue to be budgeted somewhere else.

If I am wrong about this, somebody please show me where.

Would be nice if HB 560 got put on the agenda.