"dallas texas property taxes"

Texas Property Taxes: Simply Explained!
Greetings from the Lone Star State! As most of you know, Texas (and especially Dallas-Fort Worths) sales price to rent ratios are very high. For example, a 1750 s.f. single family detached home with 3 bedrooms and 2 bathrooms can be acquired for $125,000 and then leased to a family for about $1200-$1300 per month. This equates to nearly a 1% ratio! Yet, nearly every time I am asked to run the numbers for a client a major concern arises taxes! Yes, property taxes in Texas are rather high. Taxes on property pay for our schools, our roads and many of our emergency services. As we do not have a state income tax, our local governments must generate monies another way.

insurance property casualty sales dallas texas jobs
East Texas business and economic development officials will discuss ways to grow the local economy when they meet Wednesday in Nacogdoches for the 2005 East Texas Economic Development Summit.

WOULD YOU SWAP PROPERTY TAXES FOR SALES TAXES?
Should the local governments swap sales taxes for property taxes? Dallas attorney-mediator Tom Pauken, chairman of Gov. Rick Perry's Texas Task Force on Appraisal Reform, suggested giving local voters that choice. Pauken spoke to the Texas Association of Realtors Oct. 12, and discussed some ideas he is considering for addressing the growth in property taxes. Before beginning his speech, Pauken clarified that he was speaking for himself, not the task force as a whole. The centerpiece of Pauken's proposal is a local option property tax-sales tax swap.

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