Be Fruitful and Multiply:
Proposed Texas HB2889 family bill would give the following property tax exemptions:
—married - 10%
—4 children - 40%
—...(and so on)...
—10 children - 100%
How would this look? Texas stats:
—39.3% White population.
—33.4% births are White.
—Average 1.6% property tax.
—Average $3.7k property tax.
Looks bleak? Well it's not.
Texas Whites are overwhelmingly overrepresented in home ownership (W 66% B 39% H 44%), at significantly higher home values with higher property tax rates; which creates disproportionately higher benefits for Whites, especially well off ones.
Given an example:
—The relatively well off city of Brownsville TX (96% Non-white) averages $160k for a home (Zillow) at a property tax of 2.06%. Most non-white towns are much cheaper than this.
—We'll compare to a typical White wealthy city such as Highland Park TX (86% White) which averages $2.2m for a home (Zillow) at a property tax of 2.22%.
—The Mexican pays $3,296 in property tax per year.
—The White pays $48,840 in property tax per year.
Analysis:
—Full exemption, requiring 10 children saves the Mexican only $3k/year.
—The minimum exemption (10%), requiring marriage, saves the Mexican only $300/year.
—This is as well off as Mexicans get, and none of it is enticing in the least, not even 10% marriage credit. Ludicrous to believe this will affect hispanic populations.
—However, that well off White is looking at savings enough to look after an entire large family ($48k+/year).
Of course not all Whites are this well off, but the average White Texan is likely looking at $10-20k in property taxes each year, while all Nons are looking below $5k.
The average White Texan isn't likely to be encouraged for 10 children, but 4+ children for 40% tax exemption is likely to occur for many White Texans.
Couple that with the fact that 66% of Whites are home owners (eligible for the cut) while only 44% of hispanics are.
Rule of thumb: all taxes disadvantage Whites most, all tax cuts benefit Whites most; because Whites actually contribute.
Ultimately this bill benefits high stock Whites the most, to have many high stock White children; and pushes average White Texans to start families.
Time to start yours.
Post #833
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Forwarded from Restored Puritanism — Fides et Gens, Inseperable.