patrick.net

Dan8267 says

I thought this too, but Texas is one of the few red states that actually pays more in federal taxes than it receives in federal funding.

did you factor in how many moved to Texas and rest of the south over the past 10-20 years.

Only 33% in CA are natives.. the rest moved out to the south... you have a greater than 50% chance that you will also move south for either a job or retirement.

So get used to good old fashion smoked BBQ and lots of Beer...

Domestic Net Migration in the United States: 2000 ... - Census Bureau

www.census.gov/prod/2006pubs/p25-1135.pdf

by MJ Perry - Cited by 25 - Related articles

bob2356 says

Wow, over 100k Texans out of 25 million want to succeed. Oh wait, anyone can sign, not just Texans. So 100k people out of 7 billion people on earth have signed. Msn had a really, really slow news day it looks like.

Wanna count the number of names on the Declaration of Independence...

Miraculous Weather and Tits Geography
^^^^^^^^^^^^^^

LOL, yeah that keeps me going too...

thomaswong.1986 says

Wanna count the number of names on the Declaration of Independence...

Only you would be silly enough to compare the Declaration of Independence signed by all the major leaders of the time to the white house website petition page.

Automan Empire says

Miraculous Weather and Tits Geography

^^^^^^^^^^^^^^

LOL, yeah that keeps me going too...

Me three! Chicks and weather are unbeatable.

marcus says

REpro says

Why California is broke, and Texas is not

Prop 13, 1978

How many places in CA have 1% straight tax today? Maybe bare land.

marcus says

Prop 13, 1978

This is actually a good point. Texas actually has a pretty aggressive property tax regime. Plus they didn't allow their economy to go flim-flam in the 2000s, by limiting people to 80% LTV ratios on refis etc (they learned from the S&L/oil patch crisis of the 1980s).

REpro says

How many places in CA have 1% straight tax today?

? It's not the rate it's the assessor valuation, which is limited to 2% per-year increase.

Thanks to Prop 13, the apartment I lived in in 1990 is now paying pretty much the same property tax it was then, even though rents have more than doubled (nearly tripled).

Land $1,302,912
Improvements $2,434,406

80 units so the assessor is valuing each unit at $46,000. Actual market value is around $300,000.

The assessed property tax per unit is $30/mo. Rents are $1700-2700.