The Texas Public Policy Foundation’s chief economist has calculated that the current franchisetax can be eliminated, and the school property tax cut 25 cents, without creating a new tax. This document is intended to offer a viable alternative to the current CSHB3. Texas PublicPolicy Foundation research shows that business taxes – such as on payroll, gross receipts,business activity, and business income – will negatively affect the Texas economy and slow jobgrowth. This plan includes no tax on business, and eliminates the hated business franchise tax.
Local Government
Higher Taxes on the Horizon: City of Mineral Wells
Many city, county, and school district officials are right now deciding where to set tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for families struggling with affordability. Given the very real prospect of tax hikes on the horizon, now is the time...
August 17, 2026