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.
Texas City Eliminates Their Property Taxes
On September 10, the City of Von Ormy cut its already low property tax rate from $.12 to zero. Von Ormy has had a history of dedication to low, or no taxes, with 2024 being the first time they even adopted a tax rate since 2014. The city approved a zero-property tax rate even as...