editor 1003 Posted April 17, 2008 Share Posted April 17, 2008 Today Governor Perry will announce a "task force" to help homeowners in danger of foreclosure. Look for details at a chron.com near you. Quote Link to post Share on other sites
crunchtastic 345 Posted April 17, 2008 Share Posted April 17, 2008 Today Governor Perry will announce a "task force" to help homeowners in danger of foreclosure. Look for details at a chron.com near you.Our governor Perry? Rick 'homebuilders in my pocket' Perry?That's the funniest thing I've heard this week. Quote Link to post Share on other sites
MidtownCoog 32 Posted April 17, 2008 Share Posted April 17, 2008 Hopefully this task force will round up all the stupid people and relocate them to oil rigs in the Gulf of Mexico. Quote Link to post Share on other sites
CDeb 15 Posted April 17, 2008 Share Posted April 17, 2008 Hopefully this task force will round up all the stupid people and relocate them to oil rigs in the Gulf of Mexico.Isn't oil expensive enough? Quote Link to post Share on other sites
mumbles 0 Posted June 7, 2008 Share Posted June 7, 2008 Too many people have been foreclosed on already. How is it fair to help some and not others? Foreclosures are good, they bring down home values and make homes more affordable. Get rid of property taxes if you want to help people avoid forclosure. Taxes should be based on income which often changes. You shouldn't have to pay rent on your house for the rest of your life in the form of taxes. When you buy and pay for a house you should own it free and clear. Quote Link to post Share on other sites
BryanS 87 Posted June 7, 2008 Share Posted June 7, 2008 Too many people have been foreclosed on already. How is it fair to help some and not others? Foreclosures are good, they bring down home values and make homes more affordable. Get rid of property taxes if you want to help people avoid forclosure. Taxes should be based on income which often changes. You shouldn't have to pay rent on your house for the rest of your life in the form of taxes. When you buy and pay for a house you should own it free and clear.Very true. We need to replace our property taxes, lower our sales tax, as much as practical, with a state income tax. That way, renters will have to pay their fair share too, and not just the landlords (or people who own their homes). Of course, this could result in the poor actually paying more in taxes than rich people... Quote Link to post Share on other sites
HoustonRealtor 0 Posted June 7, 2008 Share Posted June 7, 2008 Very true. We need to replace our property taxes, lower our sales tax, as much as practical, with a state income tax. That way, renters will have to pay their fair share too, and not just the landlords (or people who own their homes). Of course, this could result in the poor actually paying more in taxes than rich people...Don't you think that renters are essentially paying property taxes as part of their rent? As a landlord or potential landlord, wouldn't you take any mortgage, taxes and insurance in to account and make sure that all of those are covered by the rent you could charge? Quote Link to post Share on other sites
jm1fd 3 Posted June 8, 2008 Share Posted June 8, 2008 Very true. We need to replace our property taxes, lower our sales tax, as much as practical, with a state income tax. That way, renters will have to pay their fair share too, and not just the landlords (or people who own their homes). Of course, this could result in the poor actually paying more in taxes than rich people...I rather like our current tax system. I can keep my taxes low and still earn a ton of money by simply owning a modest home, and not buying a bunch of crap at Wal-Mart. It also should be noted that our current state tax system encourages saving rather than spending. Quote Link to post Share on other sites
RedScare 1667 Posted June 8, 2008 Share Posted June 8, 2008 Very true. We need to replace our property taxes, lower our sales tax, as much as practical, with a state income tax. That way, renters will have to pay their fair share too, and not just the landlords (or people who own their homes). Of course, this could result in the poor actually paying more in taxes than rich people...Homeowners receive a tax break through the homestead exemption, a break that can be sizeable. Landlords, on the other hand, receive no tax breaks, paying taxes on the full value of the property. Considering the fact that no landlord stays in business very long without passing the taxes on to his tenants, renters actually pay more property taxes than homeowners. Renters pay equally on sales, gas, cigarette and liquor taxes. Renters are getting no free rides, even if they may not pay the property tax directly. Quote Link to post Share on other sites
CDeb 15 Posted June 9, 2008 Share Posted June 9, 2008 Homeowners receive a tax break through the homestead exemption, a break that can be sizeable. Landlords, on the other hand, receive no tax breaks, paying taxes on the full value of the property. Considering the fact that no landlord stays in business very long without passing the taxes on to his tenants, renters actually pay more property taxes than homeowners. Renters pay equally on sales, gas, cigarette and liquor taxes. Renters are getting no free rides, even if they may not pay the property tax directly.I'd be in favor of reducing (or eliminating) property taxes and making up the revenue in a state income tax. Quote Link to post Share on other sites
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