Research, Analysis, Posts, and Releases
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 Property Tax Replacement Plan - The New Tax Base and Texas Living Exemptions
This article explains the full tax base available for determining an appropriate portion of the Texas economy for assigning the property tax replacement sales and use tax, exemptions for residential living cost reductions, and the full scope of taxes being replaced under the Texas Property Tax Replacement plan, showing the math behind the reduced sales tax rate required to end property taxes in Texas.
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.
The Economic Resilience of Texas - Sales Taxes Justified
Critics of ending property taxes, replacing it with a flat sales tax, suggest that economic volatility and lack of resilience make a sales tax unreliable as a means of revenue for government. This article uses real data to demonstrate such a position to be ungrounded in reality.
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.