Both promise something astounding: the largest property tax cut in our state’s history....
Pat Lamont, center, and Mike Cooper, along with members of Appraisal and Property Tax Legal Reform Group protest in front of the Brazoria County Appraisal District building Monday morning, June 25, 2007.Take a moment to imagine the liberty and prosperity in Texas if we had the ability to actually own our property. Because in a way, we don’t. And this is the dirty secret about the Texas property tax. You never — ever — finish making payments on your property.
Even after a family makes their final payment on a 30-year mortgage, their government housing “payments” continue — forever — in the form of property taxes. And unlike a standard mortgage, those payments can increase by an arbitrary amount every year. If this comes as a surprise, it’s important to understand what Austin decides each legislative session has real-world ramifications in each of our lives — and those of future generations. Failure to pay attention to tax debates, before they are settled in the state Legislature, leaves all Texas citizens vulnerable to the behind-the-scenes machinations of special interests and plain government stupidity.
Tax issues are all the more pressing because of the current Texas legislative fight between the House and Senate. Both promise something astounding: the largest property tax cut in our state’s history. Really? Don’t fall for it; they sing the same song every legislative session. Both policies treat the symptoms of a broken property tax system while failing to address the underlying disease: incessant growth in local government and school district spending.
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