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 after a rigorous petition process. This publication outlines the savings Texans could realize under a new plan of lowering the trigger and making a tax ratification election automatic.
Winners & Losers: Some October Surprises, Knowns & Unknowns
Every Friday morning, I join the Cardle and Woolley Show on 1370 Talk Radio in Austin to discuss the week’s Winners and Losers. As we put up our decorations to celebrate Columbus Day, on Monday, we can remember that President Trump officially declared last year that on October 12 we celebration the Spanish explorer. For...