Search found 1 match

by Flightmare
Tue Apr 09, 2019 11:18 pm
Forum: 2019 Texas Legislative Session
Topic: Property taxes
Replies: 60
Views: 30605

Re: Property taxes

K.Mooneyham wrote: Tue Apr 09, 2019 10:56 pm Well, the administration of schools is out of control in a lot of places, IMO. There are so many schools who employ large numbers of principles that suck up the pay of two or three teachers (and don't we always hear that teacher pay is too low?). A high school will have a main principle, a vice-principle, and several assistant vice-principles. They all make big bucks compared to what I make as an aircraft electronics technician...and I'm not impressed with the educational level of kids these days at all. Also, so many people are willing to pay those high taxes to live in supposedly nice places. However, at some point the taxes become so onerous, and the return you get on your taxes in the form of services is so abysmal, that pretty much anyone who can, moves out. What happens to a city where people abandon it? Look at Detroit. Taxes may be a "necessary evil", but there are limits to everything.
“I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” ― Winston S. Churchill
Problem is sometimes you get districts like Plano ISD where a large chunk of the property taxes collected (at the ISD level) are sent to recapture (aka Robin Hood). Plano ISD is second only to Austin ISD in total dollars sent to the state via recapture since it's inception. And each year, the amount goes up. There was an old saying; "you get what you pay for". I guess recapture is the exception to that rule.

Return to “Property taxes”