By Kenric Ward / May 30, 2016 / News / 10 Comments
Texas property taxes have exploded in the past decade, leaving Texans’ household income in the dust. Trashing the Lone Star State’s reputation as a low-tax haven, county property tax levies skyrocketed 70 percent from 2005 to 2014. City taxes climbed 60 percent during the period.
Meantime, Texans’ median household income grew by 26 percent. Fifth-highest in the nation, property taxes in Texas are on track to outstrip personal income gains again this year as county appraisers continue to aggressively raise property values, inflating the tax base......To Read More....
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