Abbott pushes to eliminate property taxes in Texas | Morning in America
ฝัง
- เผยแพร่เมื่อ 19 มิ.ย. 2023
- Texas Gov. Abbott pushes to eliminate property taxes in Texas, but critics say this could bankrupt public schools in the long run. The Texas House has passed Abbott's bill that reduces property taxes.
Watch #MorningInAmerica: www.newsnationnow.com/joinus
#Abbott #propertytaxes #Texas
Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Adrienne Bankert. Weekdays starting at 7a/6C. #MorningInAmerica
NewsNation is your source for fact-based, unbiased news for all America.
More from NewsNation: www.newsnationnow.com/
Get our app: trib.al/TBXgYpp
Find us on cable: trib.al/YDOpGyG
How to watch on TV or streaming: trib.al/Vu0Ikij
If you pay property tax you never really own your property
ALL STATES SHOULD do this, we Americans are treated like fools to be robbed by government.
I'd rather have state income tax vs property tax. That way, the burden is shared with everyone, and not homeowners.
Their property taxes are really high! This would be huge.
IF YOU ARE SENIOR AND RETIRED, YOUR INCOME IS FIXED, THE PROPERTY TAX ON THE HOUSE YOU LIVE SHOULD NOT HAVE PROPERTY TAX INCREASE.
If bank holds title to house, they’re the owner, should pay tax.
And you don't think that they won't just send the bill to the home resident? Banks can't just print money.
@@tira2145 well one bank can....
Would like too see that in Ohio. Then you could truly own your home. I get nothing for what I pay anyway.
Summit county stole my paid off home.
On it's face property tax is a taking. Eventually you lose your house unless the area is in decline. This would prevent many issues caused by gentrification. Can you imagine finally paying off your home, and then needing to sell it because your retirement does not pay enough to cover the property tax? This is a real occurance in many Texas cities (not just East Austin, but certainly there.) To the teacher's union worriers - stop crying over taking your cut from a different source. Maybe focus on turning out a better product, so that taxpayers are happy to pay to educate other people's children?
That would make this dude a damn hero. At least cap that shit. Paying thousands upon thousands to own a home. Its ridiculous.
That is capitalism. Make more money or move if you cant afford it. Why do you hate capitalism?
@@PelosiStockPortfolio Taxes aren't capitalism. I think you're confused.
@@anthony212459 If you can't afford something then someone else who can will buy it. That is capitalism
@@PelosiStockPortfolio If thats your justification for over taxing the population for corrupt spending, id say to you good day. Lol
If you can’t afford to pay 99% in income tax but someone else is able to and will take your place, that is capitalism? Yeah right .
Property tax is corrupt.
No the republicunts are corrupt. Abbott is mad he couldn't give his billionaire friends a tax cut on property. Dan Patrick wants to give a tax cut to those who live in the home they own/pay a mortgage on.
Abbott is a G he's got my vote. More states should follow his example.
If he pulls this off..he should be canonized.
Delusional Christian
Love governor Abbott,most texas property taxes go towards the illegals and he is sick of it!
I would love to eliminate real estate property taxes, primarily on residential, it is so unfair !!!!! A business tax, yes but not residential !!!!
So what do you get for paying nothing, absolutely nothing in return.
You pay state income tax and sales tax, duh
While I do recognize the need for property taxes they should have NEVER been based off the "assessed value" of the property. Living in an area where the value of my home doubled no fewer than three times in the decades that I've lived here, so that 1200 sqft is a 1.5 million home is just ludicrous, how much I pay should not be influenced by the desire of others (or worse investors) to live here, now I'm lucky in that my state passed a proposition to protect homeowners from outrageous increases (proposition 13) but there are people who are still against it often those who buy into an area now they're paying 20x the property taxes I am.
But there are so many other saner ways to do so if you are going to say property taxes are needed, things like parcel taxes that local voters decide to put forth so they can say "hey we want more money for schools, this is how we do it", or hell even have it base on physical size of property and/or home that is on it so that if you have a small home that just happens to be in an "up and coming" part of the state (e.g. Biotech center of the world!) that $150k home you bought doesn't end making you pay taxes on a $1M property. But ultimately, I do think property taxes should go away, want money? Have an income tax at the local level (of which the state of Texas doesn't have either). Someone scrapes together all their stuff to buy a home, they shouldn't ever be in jeopardy of losing it unless they can't pay off the mortgage (and only then because they technically don't own it, the bank does... yet the bank doesn't currently pay property taxes on "their" property either!), and if you want to help with the housing crisis only put property tax on vacant buildings as a way to say "hey you're charging to much for rent" or something.
There is no need for property tax, zero justification. If you have to pay every year to keep your home then you don't own it. They tax our income, they tax the money we spend, inflation taxes the money we save. I think they have enough of our money don't you think?? There should be no tax that isn't connected to cash flow. Land is necessary for human life and freedom. The land was taxed when you bought it and that should be the end of it. It is the most evil tax, abolish it.
Texans need to Never vote for Dan Patrick ever again! I know I won't!
only thing that doofus has done that I would agree with, once you buy you property it should be like buying a vehicle or the shirt on your back you should own it the land so many feet below and above it
Where will cops get money?
Civil asset forfeiture.
You sound like you want more of them.
@@brianrash9885Of course. Look at the crime rates.
@@ABCDEFGHIJK4097 Hey that’s the answer, create an even bigger police state.
@@ABCDEFGHIJK4097 You definitely sound like victim.
If I don’t have any one in school and I payed off my home why should I pay taxes at all 😡😡😡
Texas schools don't teach a whole lot, they might as well eliminate them entirely
And you know this because?
@PelosiStockPortfolio true!
Get rid of property tax. People can use that money saved to send their kids to private schools.
If they have the money to send kids to private schools then they have the money to pay property tax and shouldn't complain
@@PelosiStockPortfolio People are being force to pay the government and the failing public education system. If a gun wasn't to their head they'd be able to use that money on other things like you know an actual education for their kids.
This is awesome
Abbott is doing the right thing
Proverbs 21
⁶ The getting of treasures by a lying tongue is a vanity tossed to and fro of them that seek death.
⁷ The robbery of the wicked shall destroy them; because they refuse to do judgment.
⁸ The way of man is froward and strange: but as for the pure, his work is right.
Good
Get rid of property taxes for seniors.
why just seniors? Seniors have much more wealth and can better afford these taxes more than their children or grandchildren who are struggling to own property of their own
My home in NY is worth only around $190K, and I pay about $6K annually in property taxes. Most million dollar homes in my area pay $25K - 30K per year.
I own 200 acres and 10,000 square feet in buildings on my property. Land taxes are under 1,000 a year. Live in the south. You people are getting ripped off.
Schools will be OK🕵️♀️🕵️♀️🕵️♀️🕵️♀️ do the numbers do the numbers.
This bill reminds me of the Texas revolution when it was a Mexican client State. Its one of the main reasons Tejanos fought Santa Ana because he would seize settler’s land unfairly and raise property tax to fund his military campaigns. Eliminating property tax is as Texan as it gets.
How about eliminating them for people who make under 300,000 ? Of we can't get rid of them all!!
Florida has the Constitutional Homestead Excemption. The State Sales Tax will have to be raised a lot or funding levels for affected services will have to be lowered (or both). Good luck Texans you will will be experiencing the affects all in due time. 👍
Not exactly if you legalize sports betting and tax marijuana.
Read between the lines - if there is no property and state tax, then that deficit would have to be made in in sales tax- meaning a huge spike in sales tax rates.
Sales tax is the most regressive type of tax because the less money you have, the bigger the bite sales tax takes out of your income. People with less money will spend all their income on goods and services, while the rich will only spend a small portion.
Some countries don’t have property tax on residential buildings and they do just fine
I've got an idea. Abolish property tax and stop spending money stolen from others.
If this is Abbott's move to give HOA's more power, every Texas Republican will be voted out of office. Or is a state tax on the horizon?
Texas doesn't pay State Tax, I'm sure of tax would go up on taxable items we pay, but I'd sure rather do that!
I'm looking for a house in a different city in Texas right now - I do NOT look at homes with HOA fees. I will never be at the mercy of an HOA - they play games all over this country.
gated communities were built to combat busing programs for the minority under underclasses
Not a chance in the world that Abbott will eliminate property tax. He wants you to think that he wants to, for support. Think of all the big property owners that just became Abbott donors, if he delivers or not. 🤢🤢🤢🤢😡😡😡😡
Good, hope this attracts smart people that won't vote democrat.
I might just move to Texas 👍💯
Do it!!
@@mikeprice4103 better than paying 8,000 a year on taxes !
Property Taxes are egregious in Texas. It’s untenable at this point. Glad Governor Abbott is doing something about it
If you can't afford it then make more money or move out. That is how capitalism works
tyrone can't read and he doesn't go to school
Tyrone can't read now and goes to school. Thats on Tyrone and his parents. Providing he has parent(s) lol
What's so hard about eliminating property tax? All needs to be done is increase sales tax, and texas lottery tax for school
The school taxes are incredibly high to support building $400 million high schools and $50 million football stadiums plus most districts send money primarily to the border districts to cover the children of undocumented migrants. It's why Abbott has been bussing new migrants to other states since the federal government mandates educating undocumented children, but doesn't pay for it. Charter and private schools usually have far less expensive campuses, but have better performing students. Public school district superintendents often make $300k+.
*Amazing❤️🙌Being able to provide all my needs without the help of the Government is really a dream come through and I’m getting $43,050 returns from my $7k investment, glory to the everlasting God almighty.*
HOW?!! I'm totally a newbie to trading and I've blewn up my account several times trying to trade on my own. Please I'd really appreciate if you could show me how to go about it.
@@victoriadelao5513After I got up to $300k trading with Mrs Mary margaret Schimweg i bought a new House and I'm now able to send my kids to a better school in the states thanks to her. When someone is straight forward with what he or she is doing people will always speak up for them.
Oh please, how can someone get to speak with Mary margaret Schimweg!!?
Write her, she will guide you 👇👇
+1815
When will these Cowboys ever learn?
Texas is like Florida no other means of industry 😢
He knows he is about to get ousted so do something that totally contradicts his previous actions. Smh
how silly? he just won an election.. he has 4 eyars to go.. keep voting democrat because as for we have seen, they dont offer anything good.
So no property taxes, huh ?
Who.pays for schools roads fire departments ect ?
Ah... Northern Mexico, always good for a laugh 😅
Texas. $24 Billion in energy taxes globally in the energy industry alone. Not even including the 5 other global industries Texas has.
people will voluntarily pay for those services if they did their job. The public institutions are the worst of both. Citizens are forced at gunpoint to pay for the services and those services fail to do their job.
first