I always prefer a consumption tax over income tax... it allows you to save when you need to, and keep what you need.
Both property taxes and sales taxes hit that side of the coin. If we ever move to income tax... bad news for Texas.
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- Tue Nov 27, 2012 6:01 pm
- Forum: 2013 Texas Legislative Session
- Topic: Abolishing Property Tax?
- Replies: 25
- Views: 14257
- Tue Nov 27, 2012 2:17 pm
- Forum: 2013 Texas Legislative Session
- Topic: Abolishing Property Tax?
- Replies: 25
- Views: 14257
Re: Abolishing Property Tax?
You are making the assumption that politicians have a clue. They don't... Spending cuts would never cover it like they should, or they'd never happen, and we would end up like California.Choctaw wrote:A reduction in spending, of course. You don't think we have some fat to cut?Scott in Houston wrote:What would they replace the revenue with? An income tax?
- Tue Nov 27, 2012 6:54 am
- Forum: 2013 Texas Legislative Session
- Topic: Abolishing Property Tax?
- Replies: 25
- Views: 14257
Re: Abolishing Property Tax?
What would they replace the revenue with? An income tax?