Have you ever read a story that just makes you laugh out loud? This is one of those stories…
Folks in Austin, Texas are starting to get fed up with the ever increasing tax burden in what is likely Texas’ most liberal city. Recently, several hundred residents met to discuss the problem and to air their grievances. Many are worried that if something isn’t done to slow the rising property taxes, they may end up losing their homes.
“I’m at the breaking point,” said Gretchen Gardner, an Austin artist who bought a 1930s bungalow in the Bouldin neighborhood just south of downtown in 1991 and has watched her property tax bill soar to $8,500 this year.
“It’s not because I don’t like paying taxes,” said Gardner, who attended both meetings. “I have voted for every park, every library, all the school improvements, for light rail, for anything that will make this city better. But now I can’t afford to live here anymore. I’ll protest my appraisal notice, but that’s not enough. Someone needs to step in and address the big picture.”
(Um… I think I’ve figured out the problem.)
Folks, this is what happens when you vote for taxes and projects. Yes they might make things nicer, but someone has to pay for the work to be done… and YOU ARE THAT SOMEONE. If you can’t afford the new taxes, don’t vote for the projects! Would you buy a new TV you couldn’t afford and then get mad that you can’t pay the bill? NO! You’d be like, “Well I can’t buy that TV.” Or, “Well I shouldn’t have bought that TV.” The same goes for increasing the tax burden.
If you vote for higher taxes – don’t get mad when you have to pay them. Instead, simply vote AGAINST increasing the tax burden. Keep more of your money and we won’t run into this problem!
Liberals in Austin are blaming the property tax system for their problems. They’re partially right. The property tax is a racket that state and local governments use to rip off homeowners. However, there is more to the story.
To replace part of the property tax, liberals would like to see an income tax (which Texas does not have). Again, cognitive dissonance. Liberals think that by creating an income tax this will help homeowners keep their homes. In the real world, shrinking one tax while creating another doesn’t actually ease any burden on the taxpayer.
How about if, instead of an income tax or a property tax, state and local government only taxed consumption. So the people with the money to buy goods will cover the tax burden and the people who are having tight times financially can decrease their tax burden by buying less stuff.
New research suggests that if Texas eliminates its local property tax system, ranked as the 14th most oppressive in the nation, and instead replaces those lost revenues with an adjusted sales tax, then the ensuing flood of capital investment and business activity could ignite the Texas economy for years to come.
That’s right, just by changing how Texas governments collect public dollars—but not how much they spend—the Legislature can give the economy and people’s wallets a major boost.
By how much, you ask? Our estimates suggest quite a bit.
So instead of the liberal method of adding new taxes while keeping old ones… perhaps we could try something new?
The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by EagleRising.com