The Chron writes one of the longest and most effusive endorsements I’ve ever seen for Democratic Lt. Governor candidate Mike Collier.
Mike Collier won’t just promise to lower your property tax bill, he’ll tell you how he’s going to do it. And if you don’t quite understand all the math and jargony tax code talk, the affable certified public accountant and longtime consultant for investors in the energy industry will make it real simple with a few water bottles or any other props within his grasp.
That’s what he did during his screening with the editorial board last week. When our furrowed brows apparently belied some confusion about the particular loophole he claims is the holy grail to Texas tax relief, the candidate for lieutenant governor grabbed one water bottle that represented a skyscraper in a thriving, highly developed part of town that’s worth $500 million, and another bottle that represented a skyscraper in a run-down, lower-end part of town a few miles away that’s worth $200 million.
“This is full of people paying high rents and is very valuable property,” he says lifting one water bottle. “This is very different,” he says lifting the other, “It’s in a part of town where the values are not nearly as high, it’s only half full and it’s less valuable.”
You’d think the corporate owners of the more expensive property would have to pay more taxes, as homeowners do when our houses are appraised higher. But no. The owner just gets his lawyers to go down to the appraisal district and argue that both skyscrapers should be taxed at a similar level.
Astonishingly, they’ll likely get away with it, just like many other owners of large commercial and industrial properties across the state who each year deprive the state coffers of billions — Collier estimates it’s at least $7.5 billion. Homeowners have to make that up in our tax bills. Why? Because of a simple loophole that lawmakers could fix if they wanted but won’t: the state of Texas doesn’t define what a “comparable” property is.
So the rich guys get to claim it’s whatever they say it is and the apraisal districts often don’t have the time or high-power lawyers to fight them. Collier says he first started studying the problem around 2011 when he saw lawmakers cutting public education by $5 billion and yet his property taxes kept going up.
“I smelled a rat,” he told us.
Collier says he’d pass a few simple tweaks to close the loophole: define “comparable” by such things as location, age, utility. Pass a mandatory sales price disclosure, like most states have. And require everybody to pay their own legal fees in litigation rather than only losers paying.
That isn’t the only way Collier plans to get ordinary Texans some tax relief, but it’s one his favorite ways and one of our favorite reasons for endorsing the Democrat perhaps more enthusiastically than any other candidate on the ballot.
It goes on from there and you should read it. What’s amazing is how much of this very long endorsement is about Collier and his ideas and plans, and how relatively little is about Dan Patrick, despite how easy it would be to write a couple thousand words about why no decent person should think about voting for Dan Patrick. Being good enough and exciting enough to overcome the urge to trash Dan Patrick – that’s really saying something. Let’s hope enough people are listening.
In other endorsements, the Chron recommended Democrat Jon Haire in CD36, partly because Haire is a mensch and partly because incumbent Rep. Brian Babin is an insurrectionist. They also endorse State Rep. Christina Morales for re-election in HD145. As a constituent of hers, I concur.