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Learn How to Help Abolish Property Tax and Why you Should
The End of Property Tax
This video discusses the current state of the U.S. housing market, focusing on President Trump's proposals to abolish property taxes and ban institutional investors from purchasing single-family homes.
Statewide Investigation
The video discusses a statewide investigation launched by Attorney General Ken Paxton into nearly 1,000 Texas cities to ensure municipal transparency and prevent illegal tax increases. This is a significant step towards abolishing property taxes and holding the government accountable for overspending and overvaluation of properties.
Local Bond Fraud
This video discusses alleged bond fraud and municipal bankruptcy in Conroe, Texas, centered around the Hyatt Regency Hotel and Convention Center. The project, initially reported as costing $70 million, has ballooned to an estimated $141 million due to interest and additional costs, primarily funded by bond debt.
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Summary
The text and quiz advocate for abolishing property taxes, citing several reasons centered on financial burden, property rights violations, and the perceived fraudulent nature of Independent School District (ISD) bonds. The core arguments are, that property taxes lead to homeowners being "taxed out of their homes," prevent young adults from achieving homeownership, and effectively steal equity by taxing properties even when their value appreciation does not keep pace with the county's value. This system is also presented as a mechanism to fund fraudulent ISD bonds.
A significant concern highlighted is the "2008 style ISD Bond Crisis," exemplified by a large bond issue in Celina ISD that translates to substantial debt per household. These bonds do not fund teacher salaries or maintenance, are heavily purchased by teacher pensions, 401ks and institutions, and rely on "unlimited Ad Valorem Taxes" for AAA credit ratings despite being mathematically unsustainable. The ISD bond debt has "skyrocketed" and is underwritten without fundamental math, leading to insolvency that has "bankrupted cities, schools and property owners."
The current system lacks recourse or due process, violating the 5th and 14th Amendments. The Central Appraisal Districts (CADs) use "renegade value software" to inflate home values and generate higher revenue, often in collusion with Appraisal Review Boards (ARBs) to "bully and confuse homeowners." The proposed "Texas Solution and Bill" involves immediately ending all property taxes, temporarily increasing sales tax to 15% (then reducing it to 11-12%), halting all bonds, and requiring ISDs to prove their ability to repay bonds or face bankruptcy. This solution aims to eliminate waste, put money back into classrooms, and ensure financial transparency.
CAD Software Fraud
This video exposes alleged widespread property tax fraud across the United States, focusing on specific tactics used by appraisal districts to inflate home values. Trisha, a key speaker, details how these districts manipulate data and employ illegal adjustments to increase property assessments, leading to higher tax liabilities for homeowners.
Property Tax Propaganda
This video discusses the ongoing property tax issues in Texas and Governor Greg Abbott's role in them. The hosts advocate for the abolition of property taxes, arguing that the current system is fraudulent and detrimental to homeowners, particularly senior citizens
The Bill to Repeal and Lawsuit
This video discusses the issue of property taxes in Texas, focusing on a critical analysis of proposed bills and a comparison with an alternative "People's Bill" aimed at genuinely eliminating property taxes. The hosts argue that current legislative efforts are insufficient and misleading, while highlighting their own efforts to expose alleged fraud and push for comprehensive tax reform.