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Old Oct 26, 2003 | 7:46 am
  #21  
kb1992
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Oh

The tax rate of 3% is indeed quite steep!!! But, there is no state income tax.....

Regarding the question whether property tax rate in Houston is related to OnePass, maybe CO CEO got inspiration from the way various jurisidiction trying to squeeze few more cents on property tax and decided to squeeze more miles from OnePass members when they attempt to get a FC upgrade

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by senatorgirth:
Not so fast...Texas has a quirky real estate tax system that's different than most other places. The laundry list you note does NOT include school taxes (which is a big bite). School taxes are a separate levy. The annual Houston Independent School District Tax (per the HISD web page) is $1.58 per $1000 valuation (thus 1.58% of the value). This school tax is IN ADDITION TO the the 1.4% local taxes you noted. Thus, the effective tax rate on a Houston house (including Gordo's manse) is right at 3% of the appraised value. This rate is quite steep by national standards.
But what the he11 does this have to do with OnePass?
</font>


[This message has been edited by BOS-NWA (edited 10-26-2003).]
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