this post was submitted on 20 Jun 2024
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[โ€“] [email protected] 2 points 4 months ago (1 children)

Are you talking about a homestead exemption? I think most places have something like that but it's just a discount on the house you live in so not an increase on the other properties. They would just get normal tax rates for any additional properties. I think making it an exponential tax would make a huge difference.

[โ€“] [email protected] 1 points 4 months ago

Yes homestead. I'm not sure how other states do it.

Texas increased from ten thousand to twenty five thousand to forty thousand to a hundred thousand in a short period.

So semantics. I say increase for other houses, you say discount for primary house. Either way you choose to phrase it, you pay less for your primary residence and more for other properties.