Taxes

The Source - July 23, 2014
9:06 am
Wed July 23, 2014

The Source: County Businesses Recruiters Reined In

Bexar County Courthouse.
Ryan Loyd TPR News

A review of Bexar County's Economic Development Department resulted in a reorganization that removes independence and employs more oversight by integrating it into the county manager's office.

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Texas Business Taxes
3:46 pm
Wed July 9, 2014

Coalition Rallies To Dump The State Franchise Tax In 2015 Legislative Session

A group of Republican lawmakers, business alliances and tea party activists are hoping to gather enough support ahead of the 2015 legislative session in order to do away with the Texas franchise tax.   

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The Source - February 25, 2014
10:57 am
Tue February 25, 2014

The Source: Constitutional Right Or Abused Loophole?

The Bexar County Appraisal District's website shows fair market valuations.
Bexar County Appraisal District

The Bexar County Appraisal District is being sued at a record pace this year. Appraisal districts tell you what your house is worth, its "fair market worth," which essentially tells you how much you owe in taxes. Property owners that feel they deserve to pay less can sue. The amount of property under dispute is worth $10 billion and growing. 

The district's valuations end up bringing tax revenue in for schools, roads and local governments. This has county officials worried. Last year a bill passed the Texas House, HB 585, further complicating things -- or strengthening them depending on where you sit on the issue -- by requiring a higher burden of proof by appraisal districts in subsequent years if they lose. 

The dispute stems from the Texas Constitution, which says that a property owner should not pay more taxes than other similar properties. Appraisal districts argue that owners of large properties, often commercial, are cherry picking properties from throughout the area that don't compare. The district, short on lawyers, says they are often forced to settle.  Property values are forced down making it easier to dispute future valuations, meaning a downward spiral for property taxes and funding for local infrastructure and schools. This is the appraisal district's nightmare scenario. Tax preparers and property tax lawyers argue this is their constitutional right. They don't agree that properties are cherry picked for their purposes. They believe that similar properties should be valued similarly and taxed accordingly. 

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The Source - December 18, 2013
1:12 pm
Wed December 18, 2013

The Source: Multivitamins A 'Waste' In Reports| SAISD's Adult Education Programs

Flickr user @doug88888 cc

In the first segment:

Several recent studies have shown that the 32 percent of American adults that use a daily multivitamin are wasting their time and money.  

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