Texans pay higher rates on the purchase of telecommunications services (except satellite) than they do on fireworks and hard liquor. In fact, only cigarettes are taxed at a higher rate. But there is some good news. The elimination of the TIF tax and changes in the USF fee has saved Texas consumers about $350 million a year.
Economy
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...
July 16, 2026