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Today, I launched “𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐃𝐨𝐮𝐛𝐥𝐞 𝐍𝐢𝐜𝐤𝐞𝐥,” a plan to accelerate school property tax cuts, reduce school property taxes, and freeze appraised values for more than 3.3 million homeowners, forever, by taking the current over 65 freeze on taxable value down to homeowners 55 and over, hence the “double nickel.”... show more

Dan Patrick

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1,420,410 görüntüleme • 9 ay önce •via X (Twitter)

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LARGEST SCHOOL PROPERTY TAX CUT EVER on top of the largest school property tax cut from last session. The average Texas senior will NEVER pay school property taxes again. Those under 65 get a nearly 50% school property tax cut since 2018. #txlege Watch my video here:

LARGEST SCHOOL PROPERTY TAX CUT EVER on top of the largest school property tax cut from last session. The average Texas senior will NEVER pay school property taxes again. Those under 65 get a nearly 50% school property tax cut since 2018. #txlege Watch my video here:

Office of the Lieutenant Governor Dan Patrick

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Baltimore homeowners, you've been waiting, and now the wait is over! We're lowering property taxes! Homeowners will see the first reduction this year, followed by even larger reductions in the years ahead. Click the link below for more information on our property tax reduction plan! #Baltimore

Baltimore homeowners, you've been waiting, and now the wait is over! We're lowering property taxes! Homeowners will see the first reduction this year, followed by even larger reductions in the years ahead. Click the link below for more information on our property tax reduction plan! #Baltimore

Brandon M. Scott

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"Legendary for decades, maybe centuries." Greg Abbott says his property tax reform proposal would cut property taxes by more than half forever and completely abolish school district property taxes on Texas homesteads.

"Legendary for decades, maybe centuries." Greg Abbott says his property tax reform proposal would cut property taxes by more than half forever and completely abolish school district property taxes on Texas homesteads.

Brandon Waltens

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VOTE: Abbott's Property Tax Plan Empowers Texans Governor Abbott's 5 point-plan to overhaul the property tax system, empower Texans, & reign in out of control local spending: ✅ Common sense local spending limits ✅ 2/3 voter approval on ALL property tax increases ✅ EMPOWER voters to ROLL BACK taxes ✅ Appraisals once every FIVE years ✅ ELIMINATE school property taxes for ALL homeowners

VOTE: Abbott's Property Tax Plan Empowers Texans Governor Abbott's 5 point-plan to overhaul the property tax system, empower Texans, & reign in out of control local spending: ✅ Common sense local spending limits ✅ 2/3 voter approval on ALL property tax increases ✅ EMPOWER voters to ROLL BACK taxes ✅ Appraisals once every FIVE years ✅ ELIMINATE school property taxes for ALL homeowners

Texans for Abbott

18,271 görüntüleme • 7 ay önce

Watch my latest property tax video. What’s the best way to cut your school property taxes? Compression or a homestead exemption? #txlege

Watch my latest property tax video. What’s the best way to cut your school property taxes? Compression or a homestead exemption? #txlege

Office of the Lieutenant Governor Dan Patrick

172,130 görüntüleme • 1 yıl önce

With Texas property taxes, you never truly own your property. The state of Texas already funds 40% of government school budgets. I want to make that number 100% and take the school tax burden off local property owners, homeowners, renters, and businesses.

With Texas property taxes, you never truly own your property. The state of Texas already funds 40% of government school budgets. I want to make that number 100% and take the school tax burden off local property owners, homeowners, renters, and businesses.

Don Huffines

38,808 görüntüleme • 1 yıl önce

𝐈𝐂𝐘𝐌𝐈: Watch my latest property tax video. What’s the best way to cut your school property taxes? Compression or a homestead exemption? #txlege

𝐈𝐂𝐘𝐌𝐈: Watch my latest property tax video. What’s the best way to cut your school property taxes? Compression or a homestead exemption? #txlege

Dan Patrick

17,650 görüntüleme • 1 yıl önce

🚨 BIG TAX RELIEF COMING TO FLORIDA? Florida lawmakers are expected to vote today on a major proposal from Governor Ron DeSantis that could deliver massive property tax cuts for homeowners across the Sunshine State. The plan would dramatically boost the homestead exemption from $50,000 to $250,000, potentially wiping out property taxes entirely for up to 60% of Florida homeowners. This is real relief after years of skyrocketing home values and exploding local tax hauls (from $32 billion to $60 billion). DeSantis is making the case clear: Florida residents who homestead their homes deserve to keep more of their hard-earned money. The first Governor to eliminate property taxes will be regarded as a HERO! Property tax is theft!

🚨 BIG TAX RELIEF COMING TO FLORIDA? Florida lawmakers are expected to vote today on a major proposal from Governor Ron DeSantis that could deliver massive property tax cuts for homeowners across the Sunshine State. The plan would dramatically boost the homestead exemption from $50,000 to $250,000, potentially wiping out property taxes entirely for up to 60% of Florida homeowners. This is real relief after years of skyrocketing home values and exploding local tax hauls (from $32 billion to $60 billion). DeSantis is making the case clear: Florida residents who homestead their homes deserve to keep more of their hard-earned money. The first Governor to eliminate property taxes will be regarded as a HERO! Property tax is theft!

Gunther Eagleman™

31,454 görüntüleme • 3 ay önce

Governor Abbott has officially called a second special session to focus specifically on property tax relief! Because the House and Senate could not agree on the best course of action, the Governor called for legislation to cut property-tax rates solely by reducing the school district maximum compressed tax rate, and to put Texas on a pathway to eliminating school district maintenance and operations property taxes. The first bill I filed, HB 1325, was to do exactly this! Property ownership is a right in the United States, but because of property taxes we are renting our property from the government and we are being priced out of our homes. This is unacceptable! I cannot wait to pass a bill to buy down our school M&O taxes to provide lasting property-tax relief for Texas taxpayers!

Governor Abbott has officially called a second special session to focus specifically on property tax relief! Because the House and Senate could not agree on the best course of action, the Governor called for legislation to cut property-tax rates solely by reducing the school district maximum compressed tax rate, and to put Texas on a pathway to eliminating school district maintenance and operations property taxes. The first bill I filed, HB 1325, was to do exactly this! Property ownership is a right in the United States, but because of property taxes we are renting our property from the government and we are being priced out of our homes. This is unacceptable! I cannot wait to pass a bill to buy down our school M&O taxes to provide lasting property-tax relief for Texas taxpayers!

Rep. Carrie Isaac

59,788 görüntüleme • 3 yıl önce

🚨How Milwaukee residents are reacting to their property tax bills: "Sticker shock." "Yikes." "Where is all my money going?" Some homeowners are paying nearly 20% more than last year. As governor, I will end the Democrats’ 400-year property tax increase and lower your taxes.

🚨How Milwaukee residents are reacting to their property tax bills: "Sticker shock." "Yikes." "Where is all my money going?" Some homeowners are paying nearly 20% more than last year. As governor, I will end the Democrats’ 400-year property tax increase and lower your taxes.

Tom Tiffany

65,818 görüntüleme • 8 ay önce

American says she can no longer afford her home When she bought the home the payments were manageable. Just 3 years later, she’s being forced to sell her home Property taxes increased, then her homeowners insurance increased to match the new value of her home In just 3 years her monthly payment went up $3,500 PER MONTH because of property taxes and homeowners insurance This is a scam This is extremely common and how so many Americans are losing their homes. Inflated property values bring massive property tax increases and then their homeowners insurance increases to match it It’s insanity

American says she can no longer afford her home When she bought the home the payments were manageable. Just 3 years later, she’s being forced to sell her home Property taxes increased, then her homeowners insurance increased to match the new value of her home In just 3 years her monthly payment went up $3,500 PER MONTH because of property taxes and homeowners insurance This is a scam This is extremely common and how so many Americans are losing their homes. Inflated property values bring massive property tax increases and then their homeowners insurance increases to match it It’s insanity

Wall Street Apes

300,275 görüntüleme • 5 ay önce

For too long, elderly Pennsylvania homeowners have carried the heavy burden of property taxes—paying year after year on homes they already own. That’s why I support proposed property tax elimination legislation that will provide real relief to hardworking families, seniors on fixed incomes, and homeowners across our Commonwealth. No one should have to worry about losing their home because they can no longer afford rising property taxes. It’s time to put homeowners first and deliver meaningful, lasting tax relief.

For too long, elderly Pennsylvania homeowners have carried the heavy burden of property taxes—paying year after year on homes they already own. That’s why I support proposed property tax elimination legislation that will provide real relief to hardworking families, seniors on fixed incomes, and homeowners across our Commonwealth. No one should have to worry about losing their home because they can no longer afford rising property taxes. It’s time to put homeowners first and deliver meaningful, lasting tax relief.

Senator Doug Mastriano

18,913 görüntüleme • 5 ay önce

Mark my words, working class homeowners are the ones who will get screwed over by new taxes this year. You're the only ones without lobbyists fighting on your behalf. Brace yourself for massive property tax hikes.

Mark my words, working class homeowners are the ones who will get screwed over by new taxes this year. You're the only ones without lobbyists fighting on your behalf. Brace yourself for massive property tax hikes.

Brandi Kruse

43,075 görüntüleme • 1 yıl önce

Property tax bills are due today. Imagine if Ottawa forced Alberta to collect a big federal tax hike on provincial letterhead. That's how municipalities are treated with the Province's 57% property tax increase over four years. It's time to keep property taxes local, with clear accountability and transparency. Imagine if Justin Trudeau ordered Danielle Smith to collect a massive federal tax increase through Alberta's tax bill. She'd be furious. That’s exactly what’s happening today to Alberta’s cities, with today’s deadline to pay your property tax bill. Not many of you may know, but now upwards of half of your property taxes go to the provincial government, and not the town, city, or municipality you live in. The biggest increase on your property tax bill didn't come from City Hall. It came from the Provincial government. The Province imposed a 21 percent increase on your property tax bill, the largest property tax increase in Calgary's history. Over the past four years, it has increased the education property tax by 57 percent. By comparison, our Council held the municipal property tax increase to just 1.8 percent. That funds police, firefighters, roads, transit, parks, snow clearing, recreation centres, and the infrastructure that keeps Calgary moving. Because of the Province's education property tax equalization formula, Calgary homeowners are paying about twice the increase faced by Edmonton homeowners. Don't take my word for it. Here's how the Premier herself describes where a large share of your property tax goes. "If we're going to rail against equalization at the federal level, then we can't keep doing the same thing to our municipalities..." The Premier is right. If we're going to oppose equalization at the federal level, we shouldn't be doing the same thing to Alberta's municipalities. Property taxes are local taxes. They should stay local. The Province should fund provincial priorities through its other revenue sources, and municipalities should collect property taxes for local services. Thank you for supporting the City services that keep Calgary safe, moving, and growing.

Property tax bills are due today. Imagine if Ottawa forced Alberta to collect a big federal tax hike on provincial letterhead. That's how municipalities are treated with the Province's 57% property tax increase over four years. It's time to keep property taxes local, with clear accountability and transparency. Imagine if Justin Trudeau ordered Danielle Smith to collect a massive federal tax increase through Alberta's tax bill. She'd be furious. That’s exactly what’s happening today to Alberta’s cities, with today’s deadline to pay your property tax bill. Not many of you may know, but now upwards of half of your property taxes go to the provincial government, and not the town, city, or municipality you live in. The biggest increase on your property tax bill didn't come from City Hall. It came from the Provincial government. The Province imposed a 21 percent increase on your property tax bill, the largest property tax increase in Calgary's history. Over the past four years, it has increased the education property tax by 57 percent. By comparison, our Council held the municipal property tax increase to just 1.8 percent. That funds police, firefighters, roads, transit, parks, snow clearing, recreation centres, and the infrastructure that keeps Calgary moving. Because of the Province's education property tax equalization formula, Calgary homeowners are paying about twice the increase faced by Edmonton homeowners. Don't take my word for it. Here's how the Premier herself describes where a large share of your property tax goes. "If we're going to rail against equalization at the federal level, then we can't keep doing the same thing to our municipalities..." The Premier is right. If we're going to oppose equalization at the federal level, we shouldn't be doing the same thing to Alberta's municipalities. Property taxes are local taxes. They should stay local. The Province should fund provincial priorities through its other revenue sources, and municipalities should collect property taxes for local services. Thank you for supporting the City services that keep Calgary safe, moving, and growing.

Jeromy (Pathfinder) Farkas

70,632 görüntüleme • 2 ay önce

Chicago residents are struggling to pay their property tax bills after Democrats recently skyrocketed them “New data shows that homeowners in Cook County are struggling to pay their property tax bills. It's no wonder after those bills jumped by record amounts In some cases, this is according to some new analysis from the Cook County Treasurer's office, collection rates (being able to collect property taxes) in south suburban Riverdale fell by more than 11%. In West Garfield Park, property tax bills almost more than doubled. In some cases and collections, there were down 4% 10% of homeowners in areas with those high tax increases paid only part of their tax bill”

Chicago residents are struggling to pay their property tax bills after Democrats recently skyrocketed them “New data shows that homeowners in Cook County are struggling to pay their property tax bills. It's no wonder after those bills jumped by record amounts In some cases, this is according to some new analysis from the Cook County Treasurer's office, collection rates (being able to collect property taxes) in south suburban Riverdale fell by more than 11%. In West Garfield Park, property tax bills almost more than doubled. In some cases and collections, there were down 4% 10% of homeowners in areas with those high tax increases paid only part of their tax bill”

Wall Street Apes

26,176 görüntüleme • 6 ay önce

New Jersey LISTEN TO THIS: Governor Candidate Jack Ciattarelli says he will abolish taxes on all retirement income and FREEZE property taxes for anyone over the age of 70. This is your guy, New Jersey. Get out and VOTE for Jack Ciattarelli TODAY to make the state more affordable. “We're gonna do what Pennsylvania does, where I make all retirement income tax free.” “Once you hit age 70 in New Jersey, under Governor Chedarelli, property tax is frozen for life, so you can better afford and plan your retirement.”

New Jersey LISTEN TO THIS: Governor Candidate Jack Ciattarelli says he will abolish taxes on all retirement income and FREEZE property taxes for anyone over the age of 70. This is your guy, New Jersey. Get out and VOTE for Jack Ciattarelli TODAY to make the state more affordable. “We're gonna do what Pennsylvania does, where I make all retirement income tax free.” “Once you hit age 70 in New Jersey, under Governor Chedarelli, property tax is frozen for life, so you can better afford and plan your retirement.”

Benny Johnson

622,468 görüntüleme • 10 ay önce

🚨Property taxes in Cook County, Illinois have exploded 182% over the last 30 years, and school districts are the main culprit. That’s more than double inflation (less than 91%) and faster than wages grew (161%). Treasurer Maria Pappas just released a bombshell study calling for real reform now. Homeowners: Repost if your tax bill has skyrocketed too. 🔁

🚨Property taxes in Cook County, Illinois have exploded 182% over the last 30 years, and school districts are the main culprit. That’s more than double inflation (less than 91%) and faster than wages grew (161%). Treasurer Maria Pappas just released a bombshell study calling for real reform now. Homeowners: Repost if your tax bill has skyrocketed too. 🔁

Jen

46,875 görüntüleme • 5 ay önce

📈 PROPERTY TAX PRESSURE: Tennessee may be known as a low-tax state, but a new Beacon Center analysis says the state saw the nation’s largest percentage increase in property taxes over a six-year period. In Mt. Juliet, the city property tax rate is now roughly 155% higher than it was two years ago... though that does not mean individual homeowners’ total tax bills rose by the same amount. The findings are renewing debate over whether Tennessee should put a statewide cap on property tax increases as fast-growing communities face rising costs for police, fire, EMS, roads and other services. What do you think? Should Tennessee cap property tax increases? 🏠💰 Read the full story from FOX 17 News' Madeleine Nolan: #Tennessee #PropertyTaxes #MiddleTennessee #MtJuliet #WilsonCounty #TennesseeNews #LocalNews #Homeowners

📈 PROPERTY TAX PRESSURE: Tennessee may be known as a low-tax state, but a new Beacon Center analysis says the state saw the nation’s largest percentage increase in property taxes over a six-year period. In Mt. Juliet, the city property tax rate is now roughly 155% higher than it was two years ago... though that does not mean individual homeowners’ total tax bills rose by the same amount. The findings are renewing debate over whether Tennessee should put a statewide cap on property tax increases as fast-growing communities face rising costs for police, fire, EMS, roads and other services. What do you think? Should Tennessee cap property tax increases? 🏠💰 Read the full story from FOX 17 News' Madeleine Nolan: #Tennessee #PropertyTaxes #MiddleTennessee #MtJuliet #WilsonCounty #TennesseeNews #LocalNews #Homeowners

FoxNashville

13,580 görüntüleme • 1 ay önce

All Missourians benefit from having more of their hard-earned money back in their pockets. Our income tax elimination tax plan requires local governments to cut local taxes for any new sales tax revenue they receive. This is a win-win for Missouri seniors and families with cuts to property taxes, residential real estate taxes, sales taxes, and earnings taxes.

All Missourians benefit from having more of their hard-earned money back in their pockets. Our income tax elimination tax plan requires local governments to cut local taxes for any new sales tax revenue they receive. This is a win-win for Missouri seniors and families with cuts to property taxes, residential real estate taxes, sales taxes, and earnings taxes.

Governor Mike Kehoe

25,591 görüntüleme • 6 ay önce

There's a common error that I see in some Excel models today that results in a property being undervalued. Since property values have fallen in many markets over the last few years, a new buyer's NOI will likely be higher than the existing owner's NOI because the new buyer's property taxes will be lower. If you were to estimate the value of your property based on a cap rate and the in-place NOI without adjusting the property taxes for the new buyer, then you're likely going to undervalue the property. There's a simple shortcut to estimate the new buyer's NOI based on a reset tax basis without creating a circular reference. Step 1: Add the Property Tax Expense back to the NOI Step 2: Add the Tax Rate to the Cap Rate Step 3: Divide the higher NOI by the higher cap rate This will equal the same result as using your original cap rate with the buyer's NOI inclusive of the reset property taxes. Note: Property tax calculations based for a new purchase will vary state to state. In California, the property taxes will be based on the new purchase price.

There's a common error that I see in some Excel models today that results in a property being undervalued. Since property values have fallen in many markets over the last few years, a new buyer's NOI will likely be higher than the existing owner's NOI because the new buyer's property taxes will be lower. If you were to estimate the value of your property based on a cap rate and the in-place NOI without adjusting the property taxes for the new buyer, then you're likely going to undervalue the property. There's a simple shortcut to estimate the new buyer's NOI based on a reset tax basis without creating a circular reference. Step 1: Add the Property Tax Expense back to the NOI Step 2: Add the Tax Rate to the Cap Rate Step 3: Divide the higher NOI by the higher cap rate This will equal the same result as using your original cap rate with the buyer's NOI inclusive of the reset property taxes. Note: Property tax calculations based for a new purchase will vary state to state. In California, the property taxes will be based on the new purchase price.

Brandon Roth | Capital Markets @ IPA

11,298 görüntüleme • 7 ay önce