Texas

In Dallas, O’Rourke said he would change some border spending to reduce property taxes

DALLAS (CBSDFW.COM) – Democratic gubernatorial candidate Beto O’Rourke said on Wednesday that he would reduce property taxes in Texas by transferring billions of dollars the state spends to protect its southern border.

This includes National Guard Governor Greg Abbott.

Speaking at a news conference in Dallas this afternoon, O’Rourke said: “The activation of the National Guard, if I were governor of Texas, I would bring each of them home today. They don’t need to be there. Being there would save billions of dollars in the coming years.” “

O’Rourke’s comments came in response to a question about whether the state could meet plans to increase spending on public schools and reduce the burden on low-income taxpayers, who see the value of their homes being valued at 20-30% in the North. Texas since last year.

The former congressman from El Paso said he would work with both Democrats and Republicans to reduce property taxes, and would still address the border situation, which has seen a rapid increase in the number of people entering the country illegally over the past year.

O’Rourke said his plan would “actually produce results, not stuntmen. I don’t know what the price tag will be. It’s certainly not $ 5 billion a year, but what we’re spending now.”

He sharply criticized Governor Abbott for raising property taxes.

O’Rourke, citing statistics from the Texas Taxpayers and Research Association, said property tax revenue collected by states across the state has increased by just $ 20 billion over the past seven years.

Democrats have outlined a number of solutions they believe will reduce property taxes for schools.

These include the legalization of marijuana, which he said could produce $ 1 billion for the state, which could offset the amount of money collected from property owners.

He said $ 500,000 would come from new tax revenues from the sale of marijuana and $ 500,000 from the costs of prosecuting people convicted of marijuana possession.

O’Rourke also said he supported the idea that the state would pay 50% of all funding for public schools.

The state now pays less than 50% of the cost of public schools, and more for property educators comes from property taxpayers.

Increasing school funding will cost the state billions of dollars.

He also supported the expansion of Medicaid’s health program for the poor, with Governor Abbott and provincial Republican leaders opposed it based on rising health spending.

About 90% of the funding will come from the federal government and the rest from the state.

Asked if the state could do both, O’Rourke said, “The answer is yes. In the world’s ninth largest economy, the richest country in the world, this is not because of a lack of resources. There is currently a lack of political will and leadership. When our state invests more in stunts, such as spending $ 5 billion on political theater, which it meets with Mexico and the rest of the world, there are resources that can be obtained, for example, invested in public education to achieve the 50 percent goal.

The bill, which guarantees that the state will pay 50% of the school’s funding, failed in 2019.

The legislature has passed bills allocating billions of state dollars to pay for schools to exempt property taxpayers.

O’Rourke also said he wanted to end a provision in state law that allows commercial property owners to sue neighborhood appraisal districts, something residential customers can’t do.

He said he threw the burden on the homeowners.

“Serial flip-flopper Beto O’Rourke is once again confusing the public. Governor Abbott has reduced property taxes for Texans by more than $ 18 billion since taking office, and Beto is serving on the city council in O’Rourke, El Paso,” said Governor Minbert. has some experience in raising property taxes. “

Miner said the $ 18 billion represents the total amount of property tax exemptions passed by the legislature since Abbott was sworn in as governor in January 2015.

Earlier this year, the governor proposed what he called a taxpayer law. Under his plan, Abbott said the state will spend more money on public schools to reduce the burden on local property taxpayers.

He also suggested that homeowners be allowed to pay property taxes without interest or penalties on a quarterly or semi-annual basis, and that those who paid their property taxes in full by January 31 be required by local authorities to offer a discount of up to three percent.

If homeowners buy a home for less than the appraised value, the Governor’s plan will require the appraisal to be reduced to the purchase price.

Abbott also supports the idea of ​​exempting small businesses from up to $ 100,000 in property taxes on business assets.

The issue of rising property values ​​and taxes will be a major issue not only in the 2022 Governor’s race, but also in the provincial legislature when the new session begins in January.

In Dallas, O’Rourke said he would change some border spending to reduce property taxes

Source link In Dallas, O’Rourke said he would change some border spending to reduce property taxes

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