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In the face of global fears, the U.S. economy is still gaining speed.
American employers added 292,000 jobs in December. Economists surveyed by CNNMoney predicted 211,000 jobs would be added.
For all of 2015, the economy added 2.65 million jobs, the second best year of jobs gains since 1999
The unemployment rate stayed at 5% for the third straight month. That's near what most economists consider "full employment." Unemployment is down by half from its peak of 10
In the face of global fears, the U.S. economy is still gaining speed.
American employers added 292,000 jobs in December. Economists surveyed by CNNMoney predicted 211,000 jobs would be added.
For all of 2015, the economy added 2.65 million jobs, the second best year of jobs gains since 1999
The unemployment rate stayed at 5% for the third straight month. That's near what most economists consider "full employment." Unemployment is down by half from its peak of 10
Wages grew 2.5%
What is our labor participation rate? That is truly the real measure.
Additionally, wages might have gone up 2.5%, but my property taxes increased 10%.
What is our labor participation rate? That is truly the real measure.
Additionally, wages might have gone up 2.5%, but my property taxes increased 10%.
Sorry about your property taxes. You might want to consider moving to another county. In my county property tax can never go up by that much by law. The increases are capped.
Sorry about your property taxes. You might want to consider moving to another county. In my county property tax can never go up by that much by law. The increases are capped.
I'm sure you have that cap due to conservative politicians. You can darn sure bet it wasn't Democrats who capped property taxes.
Sorry about your property taxes. You might want to consider moving to another county. In my county property tax can never go up by that much by law. The increases are capped.
In Texas, your taxes are determined by your house value and taxed as a percentage; therefore, if they say your home's value increased by 10%, your taxes (which are a fixed rate based upon home value) increase by 10%.
The state caps the appraisal districts from raising the taxable appraisal value by more than 10% per year assuming it is a private homesteaded residence. Some politicians, such as Dan Patrick, are working towards getting that cap down to 3% per year.
Quote:
Originally Posted by katygirl68
I'm sure you have that cap due to conservative politicians. You can darn sure bet it wasn't Democrats who capped property taxes.
Many of them have been fighting hard against such caps and other property tax relief measures.
I would like to see the property tax changed so that money is either gathered via a sales tax or an income tax. I also do not mind a tax when you go to sell your home. We have to pay for services, that just a fact of life, but the idea that you never own your home but just pay to rent it from the government is quite un-American.
In Texas, your taxes are determined by your house value and taxed as a percentage; therefore, if they say your home's value increased by 10%, you taxes (which are a fixed rate based upon home value) increase by 10%.
Move to another State is you don't like it. I think out cap was below 1% in 2015.
What is our labor participation rate? That is truly the real measure.
yes, a real measure in that it counts kids (16-18 and those in college ) and retired seniors, and somehow if they aren't working it means the economy sucks?
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