Best Practices

Trump Budget Proves the Market Works

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President Trump released his proposed budget last week, and within a week his budget has proven the markets work and Americans are a generous people.

While Trump’s proposed budget increased spending on things like the military, it also reduced the budgets for many non-governmental spending programs, such as Meal on Wheels. The left tells us that organizations like Meals on Wheels would not exist were it not for government funding. The left also maintains that government funding of non profits is noble and somehow charity.

Well since Trump’s proposed budget cut, Meals on Wheels has reported an increase in private contributions – actual charity –  of 50 fold! (5,000%). On top of that, their volunteer signups – people offering to help the organization for free – has increased 500% according to a Meals on Wheels spokesperson.

This is GREAT NEWS.

These numbers prove the left is wrong once again. These numbers prove Americans are a very generous people. These numbers are the face of actual charity. Well done my fellow Americans. May Trump continue to slash tax funding for non-profits and allow citizens to exercise charity.

You can read more here: http://fortune.com/2017/03/18/meals-on-wheels-trump-budget-cut/

De Facto State Property Tax

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In 2016, property values in Collin County increased by an average of 8.9%. No doubt, with the move of ToYoram.Solomonyota and other large companies to the County, it’s a great place to live in, and in great demand, which drives property values up. However, there is a downside to the increase in values: even while keeping similar tax rates, actual property taxes increased by almost 10%.

An increase in property values does not automatically translate into an increase in local expenditures.  Read More

Local Elected Official Meet to Discuss Property Taxes and Budgeting

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Last Friday, June 10th, Direct Action Texas, along with Empower Texans, sponsored their second Lean Local event at the Plano Marriott at Legacy. The attendees represented over 30 municipalities and 6 counties.

Carrollton’s Mayor Pro Tem  Anthony Wilder kicked off the half day event with Budgeting Best Practices. Wilders background as an actuarial analyst brings particular insight into how to analyze and breakdown the real numbers, the liabilities to the city and think of alternative ways to approach some of them. Collin County Judge Keith Self described why and how the appraisal value is not to blame for your increased property taxes, rather the tax rates set by your local governments. The effective tax rate was a hot topic of the day. Here is a simple overview of the effective tax rate issue:

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