Simply put, businesses don’t pay taxes; people do in the form of higher prices, lower wages, and fewer jobs available. Given that taxes exist to fund essential government services, the least burdensome taxes should fund conservative budgets, which grow by no more than population growth plus inflation.
Invited Testimony to the House Committee on Ways & Means: Property Tax-Related Interim Charges
Chairman Meyer and Members of the Committee, My name is James Quintero, and I am a policy director with the Texas Public Policy Foundation, a nonpartisan research institute based in Austin, Texas. Thank you for the opportunity to address the committee today on last session’s historic property tax relief package and the current environment. My...