Transfer Of TitleTaxesEASY
Texas has no state income tax. Property taxes in Texas are:
Correct Answer
C) Higher than most states
To compensate for no state income tax, Texas has relatively high property taxes compared to other states.
Answer Options
A
Lower than the national averageB
About the national averageC
Higher than most statesD
Determined by the federal governmentAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
property-tax-calculationclosing-costs-texasclient-counseling-financial-considerations
Key Terms:
Texas property taxno state income taxad valorem taxTexas Constitutionproperty tax rate
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