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I am not a lawyer, but I don't think the tax burden is 100%.
What they're saying is this:
The wall was privately paid for, it's not part of Trump's wall.
It is privately paid for and part of Trump's wall.
No, it's not, read below. It is has nothing to to do with Trump's wall.
(CBP) Public Affairs Officer Thomas Gresback said that the wall was privately paid for and on private property, and CBP does not have anything to do with the project. CBP is constructing its RGV-03 project wall outside the floodplain 0.3 miles (0.48 km) away.[66] As of July 2021, the property had been reassessed at 100 times its original value, and Fisher was hoping to sell a 3-mile section of wall (4.8 km) that had cost $30 million to build
It's not the official wall, but it lies on the path of the planned wall and was clearly inspired by Trump. Therefore, I consider it a part, though I understand that many may feel differently.
While it probably was "inspired" by Trump, it has nothing to do with the "official" wall, in fact if you read, the official wall will by pass it.
This is something THIS farmer/land owner, did on his own or with private donations. And the idiot built it in a flood plain so it'll be gone next large flood.
He is solely responsible for the outcome of his own actions.
You have a point, but I don't think they would've bypassed it had it not been built in a frequently flooded and rotted place. And I'm not saying Trump is responsible.
i understand that, but that's what's already in the article i posted, and i don't see how that's what they're saying from something about what increasing about a percentage means. i also understand that it's not important, but i don't like being confused as i have a(n ir)rational fear of dementia
I wouldn't worry about it, you're absolutely correct that the property value increase and the tax burden increase are not linear at all. The person who attempted to correct you is pretty notorious for being aggressively wrong.
It's not ...
100x means it's 100 times as much, you add two zeros to the last number.
Did you think the "75 times" also meant it increased by 75%? Because that's not what it means either.
Like if it was $100 and went up 75 times the original amount, and the new amount would be $7500. To go up 100 times the original it would be $10,000
What you quoted says the property was assessed at 100x its original value. The total taxes owed is a different number than the assessed value.
In Texas we have a variety of taxing entities that may overlap a property, city, county, school district, community college district, hospital district, municipal utility districts, etc. Each adopt different tax rates and have defined percentages of valuations they're allowed to tax. Point being, taxes owed do not scale linearly with assessed property valuations.
My impression of tax systems is that bracketed taxes are fairer and most taxes are bracketed. I could go and search up the Texas taxes, but I'm a lazy couch ~~potato~~ book.
The article also cites https://myrgv.com/local-news/2020/12/12/fate-of-private-border-wall-unclear "by more than 7,500%", so I trust that the journalists did their journaling.
The "%" sign adds two zeros...
So 75x is the same as 7500%
I'm not trying to argue I'm trying to help you. If you don't want help. That's cool, I can stop trying.
I think we have a misunderstanding here, but I don't know where. Here's my impression of the conversation: