Property Tax
Texas GOP Announces Legislative Priorities for Next Two Years
Wednesday, the Republican Party of Texas announced the final list of 8 legislative priorities, approved by delegates to the state convention which took place last week. This announcement is notable for several reasons, chief among them being that the state…
Abbott Signals Property Tax Cuts, What About Elimination?
In an interview with The Texan, Texas Comptroller Glenn Hegar indicated that it is possible Texas will have an estimated $30 billion account balance when the Texas Legislature reconvenes in January of 2023. In March, we reported that it was…
Texas GOP State Convention Concluded. Here Is What Happened.
Thousands of Republicans from across the state of Texas, descended into Houston last week to participate in crafting the platform for the Republican Party of Texas (RPT) among other party organizational items for the next two years. Elected delegates to…
In Recent Senate Finance Hearing, Taxpayers Told To Wait For Relief
In a recent Texas Senate Finance Committee Hearing, the subject of high property tax appraisals came up during a discussion on what should be done about the interim charge they were to consider related to property tax relief. The committee…
Texas Home Appraisals Are At All Time Highs
2022 has been an unprecedented year on a number of fronts. Texas, like the rest of the nation, has experienced record inflation, record gas prices, and sky-high home appraisals. Why have home prices been so high? Is it just a…
Introducing the Texas Prosperity Plan
At Texans for Fiscal Responsibility (TFR), we hear from Texans every day, impacted by the rising costs of living, rising property tax burdens, and general dismay towards a government that seems to represent their own interests less and less. For too…
Senate Finance Committee Shows Hand Again On Property Tax Relief
Monday, the Senate Committee on Finance met to discuss their interim charge related to property tax relief. They had the usual suspects show up as invited testimony: The Comptroller’s office and the Legislative Budget Board among others to discuss the…
Recent Polling Suggests Property Taxpayer Confusion
Understanding Texas’ property taxes, or more specifically understanding the means by which property taxes are levied, collected, distributed, and ultimately who bears responsibility for the increasing property tax burden in the state is admittedly a confusing endeavor; potentially intentionally so….
No… We Don’t Have To Replace The Property Tax With Anything
In a year where most property owners find themselves getting overwhelmed with inflation driving up the costs of basic goods and services as well as major increases in property tax burdens, it has not been surprising to see millions of…
Conflicting Messages Across the State for Local Bond Propositions
Saturday marked election day across the state for a whole host of ballot propositions, including over 200 bond proposals from various local governmental jurisdictions. A total of $18.5 billion of proposed spending was considered by Texas voters and after reviewing…
Property Tax Propositions Pass, But Will They Make a Difference?
Saturday, Texas voters took to the polls to consider two statewide constitutional propositions, local elected offices, and various bond proposals. As the results came in, there appeared to be some very promising news for conservatives, especially in school board elections…
Senators Showed More Interest In Giving Themselves Raises Than Property Tax Relief in Hearing
Wednesday, the Texas Senate Committee on Finance convened for the first time since the last special legislative session to consider interim charges related to the state budget. Among the issues discussed were things like inflation, Russia, and state pension reforms….
10 Facts About Property Taxes In Texas
Property taxes are one of the most confusing systems that taxpayers are tasked with understanding in Texas. The system itself is purposely complicated, with lawmakers changing definitions and the state Tax Code nearly every two years, it is nearly impossible…
They Shout Relief, But Where Is It?
Despite years of desperate cries from Texas taxpayers seeking significant property tax relief, Texans are once again being reminded that our lawmakers have no real desire to help lower our property tax bills. With stories of many Texas taxpayers experiencing…
Inflation Hits a 40 Year High… Again
The latest Consumer Price Index (CPI) data released Tuesday reveals that year-over-year inflation for the month of March hit 8.5%. This was a 1.2% increase from the previous month of February. Inflation has become a major problem for most Americans…