Opinion: Texas voters, beware of false promises of tax relief
Wouldn’t it be great not to pay any property tax? No more fighting with appraisal districts over our values — in fact, no more appraisal districts at all! Even better, we can finally feel good when the market drives up our home values, as we won’t have to fear the impending tax bills.
Read MoreIf voters approve, Texas homeowners could save $176 in property taxes
Lawmakers late Monday passed a compromise on tax relief that would increase homestead exemptions on school taxes, saving the average
Read MoreTexas lawmakers advance property tax relief legislation
While Texans pay no state income tax, if they are homeowners, they currently pay the sixth-highest effective property tax rate in the nation.
Read MoreTomlinson: Proposed property tax relief does not go far enough
Our governments rely on a two-legged stool for revenue: a tax on consumption based on sales price and a levy on the value of our homes and business assets. The former is straightforward; the latter is a nightmare.
Read MoreA Texas economic incentive offers massive tax breaks to companies, but its renewal isn’t a done deal
Chapter 313, a decades-old law designed to lure companies to Texas with property tax breaks, expires in 2022. Lawmakers looking to renew it face opposition from critics who say it’s unfair to many Texas schools.
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