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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (848386)4/8/2015 4:22:26 PM
From: PKRBKR  Read Replies (3) | Respond to of 1575622
 
Yes, but CA's tax burden is 3500 per capita vs. TX's at 2000

I was wondering where the fuzzy math came from. The average selling price in the Bay Area of a home now is over $600k with a resulting property tax bill of ~$7.5k. Mine is higher and I paid less and have owned for 15 years. So much for Prop 13 keeping the lid on!



To: i-node who wrote (848386)4/9/2015 12:06:55 AM
From: tejek  Read Replies (8) | Respond to of 1575622
 
Yes, but CA's tax burden is 3500 per capita vs. TX's at 2000, so there is a dramatic difference. Also, in TX, only larger corporations with significant net assets are taxed; trusts are not taxed at all. Whereas CA taxes anything that moves.

TX, overall, is a far better managed state. Even when Democrats run it is better managed than CA.

LOL. Why? Because Texans pay less taxes?