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Difference between revisions of "Texans are ignorant"

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2 option exemption from ad valorem taxation
+
2 exemption from ad valorem taxation
 
*property used to operate a child-care facility.
 
*property used to operate a child-care facility.
 
*will result in higher tax burdens for homeowners and other businesses
 
*will result in higher tax burdens for homeowners and other businesses

Revision as of 20:35, 2 December 2023

Most do not know what happened


Since its adoption in 1876, the Texas Constitution has been amended 517 times.


Texas Voters Approve Constitutional Amendments

  • November 7, 2023



A free pass for the Legislature to spend our money.

Not only are these constitutional amendments greatly flawed,

but they also will take out of circulation close to $12 billion.


A billion here and a billion there

and soon you are going to be talking about real money


1 the right to engage in farming, ranching, timber production, horticulture, and wildlife management.

  • right to regulate


2 exemption from ad valorem taxation

  • property used to operate a child-care facility.
  • will result in higher tax burdens for homeowners and other businesses


3 prohibiting the imposition of an individual net worth or wealth tax.


4 a temporary limit on the maximum appraised value of real property

  • could not raise the taxable value of those properties by more than
  • 20% each year
  • Unbelievable -- value will double in 5 years -- 5 times in 10 years


5 provides funding to certain institutions of higher education

  • Texas University Fund.
  • already have a separate Permanent University Fund.
  • $100 million 1st year. The annual amount may be adjusted for inflation


6 water fund to assist in financing water projects in this state.

  • $1 billion down payment.


7 creation of the Texas energy fund to support electric generating facilities.

  • $5 billion to fund these programs for the next two years.


8 broadband infrastructure fund

  • $1.5 billion would be allocated


9 cost-of-living adjustment to the Teacher Retirement System

  • $3.3 billion from the general revenue fund


10 exempt from ad valorem taxation of manufacturer of medical or biomedical products

  • $207 million in estimated revenue


11 permit El Paso County to issue bonds to fund parks and recreational facilities.

  • could cause property taxes to increase


12 abolish the office of county treasurer of Galveston County.

  • will not save money and change to employee of the commissioners court
  • Something rotten in Denmark


14 creation of the centennial parks conservation fund.

  • more than
  • $1 billion for state parks


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