This classic tale of good intentions gone awry is a sober reminder that government’s ability to tax and spend, regardless of size or amount, is not to be treated lightly. For if we do, we risk violating the principles enshrined in the Constitution and the values of sound reason and commonsense.
Texas City Eliminates Their Property Taxes
On September 10, the City of Von Ormy cut its already low property tax rate from $.12 to zero. Von Ormy has had a history of dedication to low, or no taxes, with 2024 being the first time they even adopted a tax rate since 2014. The city approved a zero-property tax rate even as...