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  2. Explaining the amendments to the Louisiana Constitution on ...

    www.aol.com/explaining-amendments-louisiana...

    An extra tax exemption for first responders will decrease the tax revenue available to school systems and other local agencies, many of which won’t have a say on whether to enact the exemption.

  3. Homestead exemption - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption

    Allowing a tax-exempt homeowner to vote on property tax increases to homeowners over the threshold, by bond or millage requests For the purposes of statutes, a homestead is the one primary residence of a person, and no other exemption can be claimed on any other property anywhere, even outside the boundaries of the jurisdiction in which the ...

  4. Real estate brokers seek special exemptions from LA’s ... - AOL

    www.aol.com/finance/real-estate-brokers-seek...

    Second, the real estate agents requested a special exemption from the city's "mansion tax," allowing property owners who lost their homes in the fires to sell their land to avoid paying it.

  5. Louisiana tax reforms need only Landry's signature to ... - AOL

    www.aol.com/louisiana-tax-reforms-only-landrys...

    Louisiana tax reforms need only Landry's signature to become law. ... Other changes include a doubled retirement income tax exemption for seniors, raising the threshold from $6,000 to $12,000, and ...

  6. Exempt property - Wikipedia

    en.wikipedia.org/wiki/Exempt_property

    State exemptions vary from strict to generous. For example, Texas is more lenient in allowing your homestead and up to $60,000 in personal property. [1] Texas also exempts certain investments and insurance policies. Other states, such as Arizona, are more strict and may exempt only $150 in a checking account comparatively speaking.

  7. Real estate transfer tax - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transfer_tax

    Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...

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