Texas Passes Largest Budget Increase in Texas History
Overview Texans for Fiscal Responsibility proposed the Frozen Texas Budget, which would keep the state’s budget from growing. The budget is already too big, thereby excessively burdening taxpayers. TFR also provided a three-step process to eliminate all property taxes...
Chairman Bonnen Kills Path to Property Tax Elimination
On Thursday, after months of stalemate, the Texas House finally took up for consideration a property tax plan intended to provide real relief to Texas taxpayers. The House convened in the early afternoon to consider the proposed plan. Senate Bill 2, the main...
Second-largest Property Tax Relief in Texas History
An Overview Texans for Fiscal Responsibility proposed a three-step process to eliminate all property taxes over the next decade by simply limiting government spending at the state and local levels of government and returning surplus-collected taxpayer dollars to...
Legislature Reaches Property Tax Deal
The House and Senate finally reached a property tax relief deal, but is it everything that they claim it to be? On Monday, leadership in the Texas Legislature finally reached a deal ending the months-long property tax relief stalemate that has pitted Lt. Gov Dan...
3 Steps to Real Economic Prosperity. Will Texas Achieve It?
Governor Greg Abbott has, on several recent occasions, opined that Texas possesses the “best business climate” and is “America’s premier economic destination.” While on the surface this seems true, the emphasis by the state and local governments over the last 20 years...
This Independence Day, Remember We Fought A War Over Taxes
Taxation has always been an integral part of a nation's economic system, enabling governments to fund public services and fulfill their obligations. The Revolutionary War marked a turning point in American history, as colonists fought for independence from British...
Round 2: Abbott Calls Second Special Session
In the third attempt this legislative cycle, Phelan and Patrick continue the battle over property tax relief and Abbott introduces a new(ish) topic to the debate. The clash between the east and west chambers of the Texas Capitol has officially entered its second...
A Cap on Property Tax Bill Increases?
Just three days after House Speaker Dade Phelan (R-Beaumont) formed a new Select Study Committee on Sustainable Property Tax Relief in the Texas House, Chairman Dustin Burrows (R-Lubbock) sent a letter to the committee’s chairman, Morgan Meyer (R-Dallas), proposing a...
Socialism on the Rise in Texas: An Examination of the Texas Budget
Executive Summary The Texas Legislature is in the midst of a 20-year spending spree. Since 2003, the appropriation of state funds per legislative session has increased from $76.2 billion to $233 billion. Remarkably, 44% of that growth happened in 2023 alone. Of the...