Texas’ pro-growth, low tax environment has been critical in making the state what it is today: an economic powerhouse. To maintain this competitive advantage the Legislature should avoid creating a personal income tax and encourage economic growth by keeping taxes low and adopting pro-growth reforms.
Telling Renters the Truth about Property Taxes
Renters oftentimes do not know how much in property taxes they pay monthly or annually. This knowledge gap can invite negative societal effects, such as uninformed voting decisions. Key points: Many renters are uninformed about their property tax burden. Some estimates suggest that as much as 20% of an individual’s rent is due to local...