Yep that's right, we paid more on a $100,000 house up there than a $200,000 house down here. I find it ludicrous for people to say taxes are running people off the Island. Sure, I feel bad if you are on a fixed incomed or retired and only figured your seaside estate was only worth $30,000 when you bought it. These folks are few and perhaps always lived in a marginal lifestyle.
What really bothers me is that folks want lower city taxes, as in the Town of South Padre, yet want al kinds of new services. About ninety percent of your local tax bill is county, school, and some other taxes. The Town tax bill is almost nothing. Yet some people want to capitalize this for their personal grandeur or some other very strange reason.
Get off it, as we see right through the political shennanigans. Your tax bill is fairly mild. Yes, the Town finances a disproportionate amount of offshored County and school revenue, but how else can you you tax people equitably? To add to the mix, your tax bill can only go up like five percent a year, no matter HOW it is appraised or valued. I am not familiar with the exact conditions of this cap but I suspect that something is deeply wrong with the "taxed off the Island" argument.
It's a political ploy. People come and go as their families mature, a few members die, and the youngsters move about the US. It's that simple. If it gets like living on the Island is a pain in the hootch you move elsewhere. It has very little to do with taxes. It is trivial compared to a hurricane.
Now insurance, I can believe that story. A ton of insurers are dropping coastal policies just because of the hurricane issue. I want a roll-back on my damn insurance and KEEP continual coverage even if The Big One comes. We've got three to five billions of dollars of property down here, and we need it all covered by insurance.
Strangely, nobody wants to talk about this issue, especially the people who say taxes are driving people off the Island. They are completely berserk.
Word History: When we say that we are going berserk, we may not realize how extreme a state this might be. Our adjective comes from the noun berserker, or berserk, which is from the Old Norse word berserkr, "a wild warrior or champion." Such warriors wore hides of bears, which explains the probable origin of berserkr as a compound of *bera, "bear," and serkr, "shirt, coat." These berserkers became frenzied in battle, howling like animals, foaming at the mouth, and biting the edges of their iron shields. Berserker is first recorded in English in the early 19th century, long after these wild warriors ceased to exist.