Texas oil price plummets into the negatives as the coronavirus pandemic’s economic woes continue battering the state
It’s the lowest price for a barrel of crude since at least the 1980s and another sign, experts say, of rough economic times ahead — especially for Texas’ energy sector.
Read MoreIt’s Insane That Federal Aid to States Is a Partisan Issue
The U.S. federal government can print its own currency, which also happens to be the world’s reserve currency. This is a handy setup for Uncle Sam in ordinary times. But it’s especially convenient in moments of economic crisis.
Read MoreThe Virus Is Vaporizing Tax Revenues, Putting States in a Bind
With businesses closed and obligations mounting, state finances are stretched and poised to worsen.
Read MoreBeware of snake oil ‘property tax relief’
Freezing your property value does not freeze your tax bills because local tax rates aren’t frozen. How much you pay depends on how much local governments want to spend.
Read MoreBeware of snake-oil ‘property tax relief’
Are you tired of rising appraisals driving up your property tax bill? Some chief appraisers around the state are touting a path to “tax relief” for Texans suffering economically from the COVID-19 pandemic:
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