Analysis: Property tax relief — but not for all Texas taxpayers
Giving every property owner in Texas a significant tax cut is expensive, but there are less ambitious plans under consideration along with the big ones.
Read MorePort Arthur LNG approved for tax break
Sempra Energy plans to build two production units known as trains at the site that are capable of producing up to 11 million metric tons of LNG each year. The new plant is expected to be completed in January 2023 as part of an investment estimated to be worth at least $5.6 billion.
Read MoreLegislature involved in battle of reform vs. relief
What one hand gives, another hand might take away. At least that seems to be part of the necessarily painful conversation in Austin as lawmakers work through the challenges of property tax relief.
Read MoreSales tax expansion? A GOP legislator wants to start taxing a host of Texas goods and services now exempt
State Rep. Drew Springer wants to tax doughnuts. He’s also pitching taxes on vet checkups funeral services; automotive maintenance and repair; and personal coaching; and more than a dozen other products and services that aren’t subject to the state sales tax.
Read MoreTexas lawmakers debate need for state incentives programs
“I would much prefer that we didn’t need (tax) incentives, but we don’t live in an ivory tower,” Dale Craymer, president of the Texas Taxpayers and Research Association, said during a hearing over House Bill 2438, which would reauthorize the two types of tax abatements through 2032.
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