When taxes hit home

In How not to try to attract industry we pointed out that El Paso had the highest industrial tax rate among the 50 largest cities in the United States for the 2018 tax year.

According to the report we were citing El Paso also had the highest residential tax rate on homesteaded median value homes in areas where there were  assessment limits.

Median value evidently meant less than $150,000.  That means that we taxed the people living in lower value homes proportionately more than anyone else.

For homes valued between $150,000 and $300,000 El Paso’s tax rate was the second highest among the 50 largest cities.

People that manage businesses that are considering a move to El Paso probably fall into the higher home value range.

We offer them the opportunity to be like many El Pasoans and pay the second highest rate shown.

Is it any wonder that people are leaving town and that we don’t attract companies?

We deserve better

Brutus

3 Responses to When taxes hit home

  1. Anonymous says:

    This is ignoring the obvious.

    Why are taxes in El Paso so high?
    How do taxpayers benefit from the high taxes?

    The people in charge of UMC/Children’s Hospital benefit.
    The people who own the Chihuahuas minor league baseball team benefit.
    The people who are in charge at Sun Metro benefit.
    The people who owned the old El Paso Times building realized a benefit.
    Out-of-town Attorney’s representing the city effort to destroy Durangito benefit.

    Meanwhile, in just one example, many streets are still bad, despite the city double-dipping and getting $100 million in a Quality of Life bond (which has to be repaid with interest) to do repairs/maintenance for which they have already collected taxes for many years.

    There isn’t much in El Paso that the average taxpayer can point to and say that they are being considered for anything by city council but as an unending stream of increasing revenue.

    Like

  2. Chas Thomas says:

    “Is it any wonder that people are leaving town and that we don’t attract companies?”
    .
    When we lose our tax base, the operative word is “lose”

    Seems that our former and current employees at city hall don’t get this.

    Like

  3. desertratjim says:

    We have Joyce Wilson, former Mayor John Cook, and their former City Council representatives to thank for these high taxes. The damage they did to El Pasoans regarding the City Hall/baseball stadium issue is benefitting the Mountain Star group and hurting El Paso’s taxpayers, thus making our city “off limits” for industries considering a move to El Paso. What a devastating move by our politicians!

    Like

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