Texans pay the third highest level of state and local telecom transaction taxes in the nation. This brief examines the facts about Texas’ high rate, identifying over $382 million in telecommunications tax cuts that could be implemented by the 80th Texas Legislature.
Examining Local Government Spending Trends From 2014 to 2023
City and county spending has outpaced growth in population and inflation, leading to an increase in the tax burden on Texan taxpayers. Key points: Local government spending continues to outstrip increases in both population and inflation. From 2014 to 2023, local government spending rose by 61.2%, whereas population and inflation increased by only 42.7%. Elevated...