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12 Responses to “CO vs. TX: Which one is more fiscally conservative?”
  1. Cajun Maverick on July 11th, 2008 at 8:56 am

    Colorado is just one example. Let’s look at another example.

    (NOTE: these are the highest marginal rates)
    Louisiana individual income tax rate: 6% (higher than Texas, 0%)
    Corporate income tax rate: 8% (higher than old franchise system, 4.5%)
    Franchise rate: 0.3% (higher than old franchise system, 0.25%)
    Sales tax in Kentwood, LA: 9% (higher than Texas, 8.25%)
    Property tax: in the mills (lot lower than Texas, in percents)

  2. Robert 1 on July 11th, 2008 at 8:58 am

    Remember we’re a “RINO” state and that is one of our excuses. Another excuse is we screwed up first in believing that those three were conservatives, that they cared about us and then we compounded our problem by voting them in during the primaries. We need the Dan Patricks of this state to step up and run, if we want change.

  3. Rastus on July 11th, 2008 at 9:02 am

    Do out of state (Colorado) property owners benefit the most since they do not pay state income taxes? I’m not sure how that all works.

  4. american woman on July 11th, 2008 at 9:39 am

    Ted Poe for Governor. Dan Patrick for Lt. Governor. Let’s make change. I’m tired of complaining and want action. The only way to get change is to vote this turkeys out. If you think Kay Bailey, Rick, or Bill White will improve things for us….. think again. If you don’t have a conservative, low tax, less government person representing you in your area…… find someone. Do the hard work. We cannot say, it’s just too hard; there is no one for the job; I have no time to do this; It won’t do any good; and the worst thing to say ” It’s too late” It’s not too late, it’s just too easy to say it is.

  5. tedtam on July 11th, 2008 at 9:58 am

    Our neighbors moved to New Mexico - partly to be near the grandkids, but in large part to escape the high property taxes.

    Only a small part of the coming human migration out of Texas.

  6. Astrosmith on July 11th, 2008 at 10:05 am

    Ha ha!

    Well, it looks like I’m paying about 0.7% per year in property taxes on my house, which sure as heck ain’t a million dollar Breckenridge place.

    The big difference, though, is that we have a 4.6% state income tax up here.

    I will say that my house payment here, compared to my house payment in Texas, is about the same. My house is a bit more expensive, but the property taxes and homeowners insurance rates are so much lower that it balances out.

    So, y’all come move up here, because we need more Texans up here to balance out the crazies and win the state back for Republicans!

  7. Astrosmith on July 11th, 2008 at 10:09 am

    By that calculation, my property tax in my last year in Texas was 2.6% of the assessed value.

  8. KRAUT on July 11th, 2008 at 11:06 am

    Robert #2
    Yea but ! Dan Patrick told you all to vote for them. I guess you did.
    We could not have been any worse off with Kinky or Grandma.

  9. Robert 1 on July 11th, 2008 at 1:07 pm

    Reply to No. 7: Yes, Dan told us to vote for them and I did, only because we screwed up in the primaries where are choices were already very limited. And it was a very little bit better than Kinky or Grandma and a heck of a lot better than the Dimwit choice. We need to find the Dan Patricks of this state to run in the primary (easier said than done, of course)!!!!

  10. dcgirl on July 11th, 2008 at 1:10 pm

    The 1.5 Million dollar house has lower taxes than mine in Austin County. But, I guess if I moved the house and property to Colorado it might be valued at 1.5 Mil.

  11. ShinerBlonde on July 12th, 2008 at 12:28 am

    Yeah, but comparing Texas and Colorado property taxes without taking into account school taxes, sales taxes, state income taxes - heck, even cigarette and liquor taxes….well, I dunno how valid such a comparison is overall. Seems to me, having lived and paid all of the above in both states, that Texas takes LESS of my overall nut. As far as cost of living goes, I’m pretty sure it’s cheaper to live in Texas, too. Of course, that’s not to say that I wouldn’t like to see my property taxes go down (or at least level off) but if that should happen I’m sure our State government would find some other way to tax us to make up the shortfall. Two other points to consider is Texas’ Homestead exemption, which I don’t believe is available in Colorado and our ag-exempt procedures. You have to jump through hoops for an ag-exemption in Colorado, year after year, as I recall. (It’s been awhile since it was an issue for me.)

  12. ShinerBlonde on July 12th, 2008 at 12:37 am

    One other thing - I notice that the appraised prices of the Colorado properties are much closer to the list prices. Whereas the appraised price my own lovely corner of Austin County here in Texas is less than 1/3 of what it would list for were I to put It up for sale. So, Texas appraises for less, taxes more, but we get a lot more house/property for our buck then they do in Colorado. That’s a big plus, in my estimation.

    And yes, #9 dc girl - our homes would cost a great deal more in Colorado, would appraise for a lot more, and hence our property taxes would of course be more. When you sort it all out, I still think we’ve got the better deal down here. But then, statistics are not my strong suit…I may be missing something.

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