Gov. Greg Abbott says his goal is to eliminate homeowners’ property taxes in the state of Texas. He says it’s possible to achieve over time because of the significant economic growth of the state.
All three Republican leaders, Abbott, Lt. Governor Dan Patrick and Speaker Dade Phelan, have pledged to reduce property taxes and made it a legislative priority.
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A Michigan city in the Upper Peninsula is fighting Walmart over tax assessments.
The Center Square reported about the “dark stores” strategy in June 2021, when vacant big box retail stores often seek the property assessed at tax rates sometimes 50 percent lower than previous rates, which often leaves local taxpayers to foot the tab.
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Property taxes levied on single-family homes in the United States increased 3.6 percent to $339.8 billion in 2022, according to a new report from a real estate data firm.
That’s up from $328 billion in 2021. The 2022 increase was more than double the 1.6 percent growth in 2021, but smaller than the 5.4 percent increase in 2020, according to the report from ATTOM, a property data provider.
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When Detroit, Michigan voters head to the polls for next Tuesday’s primary, they will decide on a referendum concerning a major proposed revision of the city charter which would institute numerous left-wing programs and reforms.
The ballot item, known as “Proposal P,” provides for the creation of a new “Task Force on Reparations and African American Justice,” an “Office of Economic Justice and Consumer Empowerment,” a “Department of Environmental Justice and Sustainability” and an “Office of Immigrant Affairs,” among other new government offices.
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