The Teacher Retirement System (TRS) of Texas is a defined-benefit pension system that provides more than 1.5 million Texans a payout in retirement. TRS is six times larger than the next public pension plan in Texas. Texas must secure teachers’ retirement by ensuring TRS is actuarially sound, but, more importantly, by giving teachers control over their livelihood through structural reforms to TRS.
These 12 Small & Mid-Sized Cities and Counties are Threatening Huge Tax Hikes
Many small and mid-sized cities and counties are right now considering tax rates that, if ultimately adopted, will result in homeowners paying higher taxes. In some cases, those threatened tax hikes are dramatic. To better understand which Texas taxpayers are in the danger zone, I recently surveyed numerous Notices of Public Hearing on Tax Increase,...