Texas Schools….different State, but same problem with property taxes

Thanks to our Geauga friends for this report about Texas schools:

Texas article 2018-06-RR-Robin-Hood-School-Property-Tax-BelewSassPeacock-1

We copied the following sentences from the article:

“The consequences of high and fast-growing property taxes are numerous. Taxes can discourage economic growth, distort investment decisions, and depress job creation. The rising burden from property taxes is worse for housing-rich but income-poor elderly homeowners. For example, elderly homeowners must move more often to reduce their property tax burden, which is an additional cost of owning a home for those who can least afford to move.” 



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