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 estimated to be near $25 billion. In response to the interview, Texas Gov. Greg Abbott…
Tag: property taxes
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. In a recent poll conducted by the UT Tyler and Dallas Morning News, Texans were…
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 for the average taxpayer to keep up. Fortunately, there are some lawmakers attempting to make…
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 and unfortunately, it does not seem to be showing any signs of slowing down. The…
Property Tax Elimination Proposition on the Upcoming Republican Primary Ballot
The 2022 Primary Election season is already well underway and for voters choosing to participate in the Republican primary election, among choosing between a litany of candidates up and down the ballot, they will also have the ability to consider a ballot proposition specific to property tax elimination. Republican Primary Election Ballot Proposition on…