Failures of the margins tax and calls by Texans and legislators to eliminate it have resulted in multiple studies that examine the economic effects of accomplishing this. Although these studies use different research methods and time periods, the overarching conclusion is that Texas would prosper more without the margins tax. Eliminating the margins tax will assure that billions in new personal income and tens of thousands of new jobs for Texans statewide are not lost.
Higher Taxes on the Horizon: Highland Park ISD
Many city, county, and school district officials are in the early stages of deciding where to set their tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for family budgets and forcing tough personal choices. Given the very real prospect of tax hikes on the...