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To: John Vosilla who wrote (61951)5/24/2006 10:00:26 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
11 percent cut in school property taxes was approved by the Texas Texas House of Representatives,

that's just school taxes. although the school taxes are the largest part of property taxes, there's plenty else besides them. that probably translates into an 8% overall cut. nice, but not enough to raise RE values.

Rick Perry wants lawmakers to lower property tax rates by 33 percent in large part by reshaping the corporate franchise tax.

sounds like a plan! stick it to the businessman, don't mention the possibility of a personal income tax!

a real 33% tax cut would probably raise home values a little bit. also it would make rental properties much more attractive.