We recently wrote about El Paso having the highest industrial property tax rate among the 50 largest cities in the United States during the 2018 tax year.
Next we talked about El Paso having the highest residential property tax rate for smaller homes and the second highest rate on larger homes in those same cities.
How did we compare on commercial properties (like call centers, transportation companies and others–as opposed to industrial facilities)?
El Paso had the third highest property tax rate on all sizes of commercial properties during that period.
People who own those kinds of commercial businesses will probably find it hard to justify moving to El Paso and facing the third highest property tax rates on their commercial businesses and the first or second highest rates on their homes.
We deserve better
We give them a 20 year tax deferment knowing that they will be gone after 10 years.