Texas city that eliminated property taxes experiencing growth
“In addition to eliminating its property tax, Von Ormy, better known as a ‘liberty city,’ carries no debt, spends little, and has more than enough cash on hand to fully cover maintenance and operations costs for a full year in the event of a sudden emergency,” she wrote. “It has stayed true to its original…
Read MoreProp 4 would make it harder for Texas to implement personal income tax
Texas is already one of nine states where residents don’t have to pay personal income tax and come November, voters will get to decide if they want to make it harder for the state to implement one.
Read MoreTexans will be asked to ban income taxes. Why that brings fears of unintended consequences
This November election, Texans will be asked if they want to ban a personal income tax — in a state that doesn’t have one. Under the law, voters already have the final say on adopting a personal income tax.
Read MoreYTexas Summit: Talking Bills, Business, and the ‘Texas Miracle’
Leaders from across the state came together in Dallas to talk about issues that are central to business at the first-ever YTexas Summit. Brint Ryan, CEO of global tax services and software provider Ryan, moderated a discussion on the future of Texas. An expert panel shared how bills passed during the 86th Texas Legislative Session…
Read MoreViewpoint: Austin taxpayers face good, bad news
Your property tax bill has a lot of moving parts. Some of those parts are moving in different directions, and that’s likely to take a bite out of the relief many Texans, including those living in Austin, are expecting. First, the good news — thanks to billions of new dollars set aside by the Texas
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