The Price of Appraisal Caps: Higher Taxes for Everyone Else
In 2022, Texas’ appraisal cap protected homeowners from skyrocketing appraisals, but it added $4 billion to the tax bills on rental property, new home buyers, and businesses.
Read MoreA Once in History Cash Bonanza
Or Everything You Wanted to Know about the Revenue Estimate, the Budget, the Spending Limit, and the Rainy Day Fund, but Were Afraid to Ask
Read MoreThe (Partial) Myth of Texas as a Low Tax State
Texas has a reputation as a low tax state, but that reputation doesn’t live up to reality for all taxpayers.
Read MoreRelief from Rising Values: 2019 Property Tax Reforms Cutting Tax Rates at a Record Pace
No matter what your appraisal, the truth is your tax bill is zero until the local jurisdictions in which one owns property adopt their tax rates for the year.
Read MoreWrap-Up for the 87th Legislature Tax and Fiscal Policy
By all accounts, it was to be a modestly productive legislative session. When lawmakers convened in January, Texas and the nation were in the grips of a horrendous pandemic that would ultimately take the lives of well over half a million Americans.
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