(10-15-2022, 04:04 PM)americus 2.0 Wrote: NYC, LA and similar cities have no reason to lower property tax. They have people at their mercy who are invested in their homes, jobs and kid's schools who aren't willing (or able) to move. They have a captive audience so there's no reason for these cities to do anything to take away from that tax revenue.

Rico lives in the Dallas suburbs and pays $500 a month in property tax alone. That is absurd.

Texas is more like Illinois.  
The rates are too high, and the valuations are either too low (because the school district has a bad reputation) or too high (because the school district has a good reputation).  And that's a self fulfilling prophesy of course.  People pay more for the property because the schools are assumed to be better, then their valuation is higher and their actual tax payments are higher, and suddenly that school district really is able to spend more per student and everything that goes along with that.  
That's another trap of bad local government that Florida has avoided, because we fund schools at the county level and we have large counties.

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