The State of Texas spends too much and Texans pay skyrocketing tax bills. Texans can obtain lasting, meaningful property tax relief by slowing excessive state and local spending growth and using state surplus revenue to eliminate M&O school district property taxes.
Taxes & Spending
State of Play: Real Property Tax Cuts
The one-pager outlines our analysis of how a “real cuts” plan compares with scenarios of a 2.5% rollback rate excluding debt and a 4% cap including debt. The current rollback rate is 8%, but it does not include local debt increases. Additionally, a tax ratification election on rates that exceed 8% can only be held...
April 12, 2019