Thursday, July 05, 2007

Is it Texas? Or is it TaxUs?

Is it Texas? Or is it Tax Us! I have asked that question to myself many many times in the past few years!

And I have come to the conclusion that our beloved state can be rightfully called "TaxUs" State.

Our State has no income taxes. That is not really a good news if you think about it! They collect taxes, not through income taxes but indirectly - via property taxes. And it keeps increasing and increasing and increasing!

How many of you pay more in Property Taxes than the Federal Income Taxes. Raise your hands! I am sure there are more people who pay more in Texas Property Taxes than Federal Taxes. These taxes have gone up every year. I wish our salaries had gone up that much every year!

I wonder where all our money goes to! I don't know.

I wish our beloved Texas impose State Income Taxes and totally eliminate the property taxes or keep it something like California where they tax at a reasonable and comfortable state!

It is wrong to pay taxes on what we have not earned. It is perfectly OK to pay taxes on something we earned.

What do you think?