Research, Analysis, Posts, and Releases
What Ending Property Taxes Means for TX House District 109
The Texas Property Tax Replacement Plan will end all property taxes in the state of Texas, as well as the business franchise tax, BPP tax, and other state level taxes - resulting in significant savings for families in Cedar Hill, Lancaster, DeSoto, Hutchins, Wilmer, Glenn Heights, and every city across Texas - an average of $8,775 a year!
Replacing Texas Property Taxes - Real Savings for Texas Families and Renters
Eliminating property taxes in Texas can be done, replacing it with a Sales Tax system that applies to all sales transactions excluding only cost of living purchases. This increases the tax base while reducing the tax burden on the lowest income families in the state, and saving the average Texas household over $7,000 a year.
Texas Property Tax Replacement - What it Means for Texas Businesses
The Texas Property Tax Replacement Plan ends all property taxes, franchise taxes, BPP taxes, and other state level taxes, freeing up Texas based businesses, replacing it with a Sales Tax on all non cost of living transactions. This article covers the amazing impact this will have on Texas businesses, bringing much needed relief to keep Texas strong!
The TPTRP - The Tier Structure and Rate Coverage
The Texas Property Tax Replacement Plan utilizes the existing structure of the Texas Sales and Use Tax system, but better organizes it into 5 tiers, creating a structure for the absorption of Special Districts into their cities and counties. This article provides demonstration of how the new Sales Tax Rates cover all tax replacement obligations for each level.
Texas 5% Plan to End Property Taxes - Better for Renters
Concerns regarding the impact of the Texas 5% Plan on renters are reasonable concerns, especially regarding the lowest income quintile population. This article addresses these concerns and the landlords who are already not paying property taxes under special laws.
The Action Plan: How Texas Ends Property Taxes
A Step-by-Step Implementation Timeline — What Happens, When It Happens, and Why It Works. We can begin the new form of taxation via legislation that reduces the Sales Tax while waiting for the constitutional amendment ending property taxes to pass the popular vote. No gaps, no losses, just a smooth transition with tremendous benefits for Texans.
Ending Property Taxes - Retaining Home Rule for Cities Satisfied
The plan to end property taxes by replacing it with flat, no exemptions sales tax does not disrupt city charters or interfere with the rights of cities to manage their own affairs. A constitutional amendment is required to end property taxes, but will not take away self governance, funding, or control over their interests.
We Can End Property Taxes
We can replace property taxes, franchise taxes, and all other tax revenues for the state with a flat, no exemptions sales tax on all transactions, saving Texas households up to $4,000 annually and make Texas the most affordable state in the union.