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The article reports that Texas homeowners go for local appraisal review board, citizens appointed by administrative judges to hear disputes over property values. Topics include panel can agree with the district's number or the homeowner's estimate; and evidence a single handwritten note on sailboat-themed stationery listing his home's appraised values as appraisal district's representative presented evidence of soaring home prices.

The state's average combined state and local sales tax rate is the eighth-lowest in the country, according to the Tax Foundation. State sales taxes in Nevada are a relatively high 6.85%; when you add in local taxes, the average combined state and local sales tax rate shoots up to 8.23%, the 13th-highest in the country. How much the hypothetical family paid (and deducted on their income tax return) in property taxes was calculated by assuming a residence with a $300,000 assessed value and then applying each state's median property tax rate to that amount. [Extracted from the article]

The state's top income tax rate is over 13%. Gasoline taxes are among the highest in the U.S. Property taxes are around 1.1% of market value, but your usage of a $400,000 price means that, in coastal California, your property would be around 500 square feet. Editor's note: Yes, California's top income tax rate is 13.3%, but most people pay at a much lower rate - in fact, with nine brackets starting at 1%, California actually has one of the most progressive tax-rate structures in the nation. [Extracted from the article]