Turning
back the "stealth tax"
"Clearly, property taxes are
too high," states Senator Carona.
"But property taxes are under
the authority of locally elected
officials, not the State Legislature."
"Simply
placing an arbitrary cap on property
taxes can, in fact, prove irresponsible.
We don't set local tax rates in
Austin ... we shouldn't be capping
them."
"Where the State of Texas should
focus its attention is on appraisal
reform. Appraisal reform is something
we can do something about."
Senator Carona believes our state
legislature must address "appraisal
creep," described by the Houston
Chronicle as "that nasty
habit of tax bills rising every
year with increased property values."
If local officials and taxing entities
lower local tax rates, homeowners
will see little benefit unless we
reform the appraisal process, a
"stealth tax" which threatens
to tax many citizens right out of
their homes.
As a national real estate expert
and CEO of the largest real estate
management company of its kind in
the nation, John Carona deals with
these issues first-hand on a daily
basis. Senator Carona brings a broad,
balanced and common sense view to
taxation.
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