This letter expresses the Foundation’s concerns regarding pending legislation that would index the state’s current gasoline tax and create a new 10-cent “local option” gasoline tax, potentially raising gas taxes by 125%.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...