Booming veteran tax exemption crippling Bell County area governments

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4. It also applies to their spouses, who might live much longer

And the story mentions that there are older exemptions for veterans who are disabled at less than 100%.

I'd suggest something that I wish CA would do to turn back the horrible effects of Prop 13: assess the correct property taxes on these properties, and then collect when the properties are sold or otherwise transferred.

It's disingenuous for any state to exempt a property from its rightful property tax when the owner could go out and borrow money based on the real value. If the purpose is to keep property owners from losing their long-held property to rising taxes, then it seems to me that the answer is to attach the taxes to the house and get it when the property owner is no longer there.