I am sorry, but I am not buying people are leaving El Paso because the taxes are too high.
When you factor in cost of living, specifically housing, the property taxes are a wash.
Sales tax? It's the same there as it is about everywhere else in Texas.
That being said, El Paso County does have an unusually high tax rate compared to Dallas County or Cameron County, which is located in the Rio Grande Valley.
But this whole topic about taxes misses the point.
So why does El Paso struggle?
For starters, Juarez.
If you are multinational company X and you are looking to build a new manufacturing facility, why build in El Paso when you can go across the river bed, and drastically reduce your labor costs as well as material costs?
You know those call centers everyone disparages, but hires hundreds, if not thousands of El Pasoans, well, Mexico is in that game too. So those call centers that you are either mocking or taking for granted might end up moving across the river bed.
Juarez is El Paso's economic development frenemy. The money made there, stays there.
When El Paso economic development leaders are making a sell and push Juarez in that sale, they are shooting themselves in the foot.
Then there is Fort Bliss.
I am sorry, but Fort Bliss does not do much for the local economy. Fort Bliss does not pay property taxes. Sure some local contractors make some scratch off of Fort Bliss, but military installations are not reasons why companies choose to locate some place. If anything, their closures mean opportunity for local communities (see Austin's Bergstorm Airport, San Antonio's Kelly USA). But as long as the Middle East is a hotbed of excitement, Bliss ain't going anywhere.
So if you cannot do anything about Bliss, what to do about Juarez?
A while back the City said it was encouraging EB5 investment in El Paso, and projects like the ballpark or renovations of buildings downtown seem like the perfect fit for EB-5 investment. Yet for whatever reason EB5 projects have not taken off in El Paso. Here are some examples of EB5 projects in Dallas: this one, that one. Granted, EB5 will not solve all of El Paso's woes, but it will at least give taxpayers a break on funding certain private-public partnership projects.
Wealth Mexican money aside, what else El Paso can do?
Education. Improving student outcomes will do a lot to bring needed short-term growth to El Paso. Why short-term? Families all love good schools. Improve your school districts people will move to El Paso, and when they move companies will follow.
Look, I too enjoy bashing County Judge Veronica Escobar and other elected officials from time-to-time, but to blame them for the current state of El Paso's economy is to give them waaaaaaaaaaaaay too much credit.
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