Texas, Property Taxes
Thanks to factors like climate change, insurance and property taxes are rising alongside home prices and mortgage rates, said ...
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The Texas Tribune on MSNGov. Greg Abbott wants to set a high bar for local taxes increasesLocal officials, school advocates and tax policy experts said such a proposal could have dire impacts on basic services.
Senate Bill 1 would reduce property taxes through caps on increases, as well as upping the standard homestead deduction.
When local governments must comply with a new state law, it often increases costs. Those costs are passed on to the taxpayer.
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