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 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.
From Ballot to Handoff: How the Texas Property Tax Replacement Plan Actually Gets Done
The Texas Property Tax Replacement Plan is a complex series of legislative steps and events that will replace the Texas property tax system with a modernized Sales and Use Tax system with special citizen protections built in. This article provides the full plan timeline from proposed date of passage in the 90th legislative session through the end of the transition period.
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.