Comments by "Dangic23" (@Dangic23) on "The Economy of Texas | Economics Explained" video.

Texas makes up for the No Income Tax......with insanely high property taxes.
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@zesky6654 True....those darn Canadian and European commies....lol.
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@knottheory79220 I lived in TX 10 years. TX has the 3rd highest property tax rate in the country (but houses are cheaper). I have lived in Wyoming for 6 years now. Wyoming is also a No Income tax State, and has a 6% sales tax, and low property taxes (like $100/month). But a new built 4br house in TX that sells for $250k........Here in Wyoming, that same exact house would go for $375k+. So the combined mortgage payment + escrow in WY is higher than in TX. Plus in TX the property taxes are at least seen in action being utilized. In 6 years in WY....I have not seen anything done in my neighborhood. To the contrary......budgets and school funding continue to decrease.
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@divinecomedian2 Yes....lol I lived in San Antonio, in the NSISD....they built various professional size stadiums for their high schools.
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@nick7072 True....even if your house is paid off....if you don't pay property taxes....you can lose your house. House is never yours.
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@PK-lo6ws I don't think that at all. I lived in Canada and Germany. Half of the US thinks that EU and Canada are socialists.
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@NasaRacer And NY.
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@eyeofthetiger7 That #40 is based on $$$$, not on rates. What helps TX is that homes are super cheap, so it balances out the property tax costs in the end.
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@betterhomesnc2437 North Carolina has a lower tax burden than Texas.
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@jaystrickland4151 Yes....I gave a personal example on a previous comment about TX vs WY comparison. Since WY is also a no income tax state and has lower sales tax rate than TX. NY and CA are not comparable to TX in this case.....but are comparable to each other.
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@William Jefferson Colin Yes. NJ is #3 highest in the country. TX is #9.
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@Detraxa 3rd highest in the Country. I would call than insanely high. Only NJ and NH are higher.
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@randyhusband8542 From highest to lowest..... TX is #3 in the Country. Only NJ and NH are higher than TX. NJ is #1 NH is #2 New York #17 Florida is #22 California is #32
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@heyitzhan8325 3rd highest in the USA.
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