Texas’ property tax system has turned property owners into renters, where government is their landlord and Texans who struggle to pay annual tax bills face confiscation of their properties. Additionally, the growth of government is harming taxpayers and the economy through higher taxes and more regulation. Texans can cut property taxes in nearly half within about 11 years by eliminating district-level taxes for school M&O. We can do this by restraining state and local spending growth and using the surplus revenue produced by this to eliminate the school M&O property tax. Every dollar not spent by the state will produce a 90-cent property tax cut for Texans.
Higher Taxes on the Horizon: Lovejoy 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 horizon, now is the time for Texans to learn what their local governments are up to and...