Inside the Legislature’s High-Stakes Deal to Save Texas Public Schools and Cut Property Taxes
Texas's top lawmakers managed to put together an $11.5 billion package, but they did it in a way that all but guarantees a tax hike in 2021.
Texas's top lawmakers managed to put together an $11.5 billion package, but they did it in a way that all but guarantees a tax hike in 2021.
Here died Greg Abbott’s burden-shifting plan, orphaned and alone.
The Big Three are desperate to save their property tax proposal. Among the ideas to buy down property taxes is an increase in the oil and gas severance tax.
The governor, lieutenant governor and speaker line up behind a penny increase to the sales tax to provide property tax relief.
The Senate has already lost the fight over tax cuts.
The wealth the Texas House and Senate want to share is expensive but small when spread statewide.
The New York Times took note of the dozens of hotel, retail, office, and residential projects underway in downtown Austin.
In my post after the debate, I wrote that Debra Medina, in advocating eliminating all property taxes and replacing them with the sales tax, had failed to address the issue of regressivity of the sales tax. That is not quite accurate. As a commenter pointed out, she did address it