Are you talking about a homestead exemption? I think most places have something like that but it’s just a discount on the house you live in so not an increase on the other properties. They would just get normal tax rates for any additional properties. I think making it an exponential tax would make a huge difference.
Yes homestead. I’m not sure how other states do it.
Texas increased from ten thousand to twenty five thousand to forty thousand to a hundred thousand in a short period.
So semantics. I say increase for other houses, you say discount for primary house. Either way you choose to phrase it, you pay less for your primary residence and more for other properties.
Are you talking about a homestead exemption? I think most places have something like that but it’s just a discount on the house you live in so not an increase on the other properties. They would just get normal tax rates for any additional properties. I think making it an exponential tax would make a huge difference.
Yes homestead. I’m not sure how other states do it.
Texas increased from ten thousand to twenty five thousand to forty thousand to a hundred thousand in a short period.
So semantics. I say increase for other houses, you say discount for primary house. Either way you choose to phrase it, you pay less for your primary residence and more for other properties.