Would that be a valid way to avoid liability to pay this proposed federal tax?
TX is high up on my list. But it seemed like this was a policy from which even TX wouldn't afford shelter.
Honestly I’m not sure. I don’t know enough about this proposed tax plan, I thought it was just for stock investments? In TX though you will pay quite a bit less on your property tax if you have an AG exemption compared to the accessed value if you didn’t.
Pro tip: Buy a property with AG exemption in place. Run cattle. Become Texas Tycoon. 🤠
Would that be a valid way to avoid liability to pay this proposed federal tax? TX is high up on my list. But it seemed like this was a policy from which even TX wouldn't afford shelter.
Honestly I’m not sure. I don’t know enough about this proposed tax plan, I thought it was just for stock investments? In TX though you will pay quite a bit less on your property tax if you have an AG exemption compared to the accessed value if you didn’t.
I'm going to need some cattle.