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0 pointsadam_arthur15d ago0 comments

The current governor is proposing cutting property taxes in ~half by eliminating the school district portion and instead funding schools directly via the state's budget surplus.

Remains to be seen, as the next legislative session isn't until 2027.

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salawat14d ago

I mean, most property developers are playing shell games to avoid the requirement of having to build school districts anyway in Texas from my experience living there. Build small developments up to just short of the line where it's required, then continue development as a different legal fiction with what turns out to be ultimately the same beneficent owners. Texas education system leaves much to be desired.

adam_arthurOP14d ago

I'm not familiar with that specific example, but I do know that independent players in any economic system will follow the incentives.

Expecting companies, people etc to do the "right thing" when it's financially disincentivized usually doesn't work out.

Same will happen in regards to all these new taxes reinforcing existing population migration trends.

salawat14d ago

The system is simple. Your development hits a certain size, you have to build and fund a school for the community through fees if you're renting. So they go just short of the line, and crap out two developments and no schools, and leave the populace to figure out the rest. That isn't following incentives. That's being an asshat.

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0 pointsadam_arthur15d ago0 comments

The current governor is proposing cutting property taxes in ~half by eliminating the school district portion and instead funding schools directly via the state's budget surplus.

Remains to be seen, as the next legislative session isn't until 2027.

0 comments

salawat14d ago

adam_arthurOP14d ago

I'm not familiar with that specific example, but I do know that independent players in any economic system will follow the incentives.

Expecting companies, people etc to do the "right thing" when it's financially disincentivized usually doesn't work out.

Same will happen in regards to all these new taxes reinforcing existing population migration trends.

salawat14d ago

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j / k navigate · click thread line to collapse