Overall, Texas’ tax burden is considered one of the lowest in the country. But that image is shattered when one considers the state’s effective business tax rate, based on Gross State Product, is the seventh highest rate in the nation. This policy perspective examines the harm that comes from relying on “business” taxes.
Local Government
Higher Taxes on the Horizon: City of Stephenville
Many city, county, and school district officials are right now deciding where to set tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for families struggling with affordability. Given the very real prospect of tax hikes on the horizon, now is the time...
September 3, 2026