Given high taxes are always and everywhere a spending problem, whichever path is chosen must be paired with limiting government spending and property tax reform to put limitations on tax increases of at most 2.5 percent by local tax jurisdictions. By combining property tax reductions and reform with spending limitations, Texas could shift to a more efficient and fair sales tax-dominated system. In this way, Texans can be assured meaningful, lasting property tax relief and an improved Texas Model that will sustain economic prosperity for generations.
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...