How will the collapse in oil prices impact Texas? It’s too soon to tell, experts say.
“The consequences for Texas of the drop in prices over the weekend will depend on two questions: 1) how low, and 2) how long,” Dale Craymer, president of the Texas Taxpayers and Research Association, wrote in an email. “Of course, we can’t look at the impact of a drop in oil prices on Texas in…
Read MoreTexas Looks to Rein in Tax Deals Tailored to E-Commerce Giants
Texas cities are at odds over a proposal from the state comptroller to curtail deals that give companies including Dell Technologies Inc. and Best Buy Co. Inc., substantial chunks of their local sales tax collections as incentives to locate or stay there.
Read MoreWaiting for Tax Relief? Texas Homeowners Will Get Less Than Expected.
Between the school finance bill that cut property tax rates and the property tax reform bill which limited future growth of them, 2020 is the first year the Legislature’s plan for tax relief kicks in. Last year, lawmakers estimated the former bill would lower school district property tax rates by an average of 8 cents per $100 valuation in…
Read MoreCPA Carl Walker joins the TTARA analyst team
CPA Carl Walker joins the TTARA analyst team
For Immediate Release Contact: Kirsten Voinis JAN 24, 2020 …
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