Houston Mayor: Never Let a Crisis Go To Waste
On the heels of the tragic Houston floods, the mayor has added insult to injury and proposed at 9% property tax increase to “help pay for Harvey costs.” The mayor stresses that the tax increase would only be temporary — but when have we ever seen a tax not become permanent?
The Houston City Council has approved a recommendation from the Director of Finance to do that. The city will now hold three public hearings before being able to vote on the increase. Those hearings are planned for Monday, Sept. 25 at 6 p.m., Monday, Oct. 2 at 6 p.m., Wednesday, Oct 11 at 9 a.m.
So besides having to rebuild homes and lives, residents have to worry about incurring additional personal costs instead of the city tapping the rainy day fund.