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Michael Crain: “We have a residential tax base is paying roughly 60% of the…”

Featuring: Michael Crain, Fort Worth City Council, District 3 | Texas

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Building Fort Worth with District 3 City Councilmember Michael Crain

Published | Video Starts at 13:42

So we can have these conversations with these big corporations to get them to relocate. What I'll say is almost every. Every right now we have a tax imbalance if. If you know what I'm talking about. We have a residential tax base is paying roughly 60% of the property taxes. Commercial is paying 40%. We cannot give anybody, you know, in a residential state proper tax relief until that's more balanced. So we can cut a penny year, that and half a cent or whatever is. (13:42–13:49)

CLAIM

Asserts the current tax imbalance between residential and commercial property taxes.

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