Did you know that $1.50 for every 100$ worth of your property taxes may not even be going to your community? That’s right the state of Texas has historically been very much against taxes but now insists on redistributing funds taxed from anyone who owns a home via the Robin hood act.
I am sure you, like every other reasonable human being on the planet, enjoy being able to keep your money or at least see your taxes have a positive effect on your community. But the issue is that your home is being taxed with $1.50 for every $100 worth of market value to pay for schools in communities hundreds of miles away because of the Robin hood act.
Sitting behind their desks in a well lit room a team of workers crunch numbers on the municipal tax revenue for the year. The room is a buzz with clicking of the keys and the faint hum of a host computer monitors softly glowing in the worker’s faces. They reach the section on property taxes and you think that they are gathering all of this money to be used to improve the city. But no, they are actually taking $1.50 of every $100 worth of property taxes and shipping of millions of dollars to other cities and districts throughout the state of Texas.