Georgia's Herschel Walker getting 'homestead' tax break in Texas
Republican Senate nominee Herschel Walker (Ga.) advantages from a tax exemption on his Texas house though the GOP candidate lives in Georgia, the place he’s operating for public workplace.
The tax exemption is supposed for major residents in Texas, however for 2022, Walker will get a $1,500 homestead exemption at his Dallas space house, CNN reported.
The identical exemption allowed Walker to avoid wasting $1,200 on his property tax invoice at his $3 million house final yr, in response to the Texas Tribune.
Underneath Texas legislation, owners can solely declare a tax exemption if the house is their major residence.
If a home-owner leaves, they could proceed to assert the exemption, however provided that they don’t set up a principal residence elsewhere.
The exemption additionally raises questions on Walker’s candidacy, because the U.S. Structure requires Senate candidates to reside within the state they’re operating for.
The Republican candidate is in a decent race in opposition to Sen. Raphael Warnock (D) in Georgia.
The 2 nominees will face off once more in a December runoff election, which can decide how a lot management Democrats may have within the Senate.
Walker purchased the house close to Dallas in 2011, in response to the Texas Tribune, and has claimed the tax exemption since 2012.
The homestead tax exemption has landed different Texas politicians in scorching water earlier than, together with former Texas governor Rick Perry (R), who repaid his taxes.
Walker registered to vote in Atlanta, Ga., in 2021. He listed his residence at a house in an Atlanta neighborhood owned by his spouse, in response to the Atlanta Journal-Structure.
Walker, a soccer legend in Georgia, was born and raised within the state and performed for the College of Georgia.