Even amid the country’s worst economic setback in decades, our updated analysis shows that Texas’ competitive edge over California remains sharp. This paper updates the economic scoreboard we calculated in our study of Texas and California in 2008. Although the policy environment has changed over the last two years, Texas’ edge over California has not.
Just the Facts: Property Taxes in Texas’ Most Populous Cities, Counties, and School Districts 4th Edition
Property taxes imposed by local governments have, in many instances, outpaced population growth and inflation. As a result, Texans pay some of the highest property taxes in the nation. Key points: Property taxes are assessed and collected by local governing bodies. The State does not levy a property tax. Local governments levied $89.4 billion in...