This brief is based on testimony presented before the Senate Finance Committee, March 15, 2006. Foundation chief economist Byron Schlomach, Ph.D., provides a sound case for why Texas should move more toward consumption taxes and away from distorting taxes like the franchise tax.
Taxes & Spending
Just the Facts: Property Taxes in Texas’ Most Populous Cities, Counties, and School Districts 4th Edition
Property taxes imposed by local governments have, in many instances, outpaced population growth and inflation. As a result, Texans pay some of the highest property taxes in the nation. Key points: Property taxes are assessed and collected by local governing bodies. The State does not levy a property tax. Local governments levied $89.4 billion in...
April 3, 2026