ILexpatriot
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After historic tax cuts, Texas lawmakers evaluate eliminating property taxes entirely
Last year, after months of negotiating, the Texas legislature approved an $18 billion package of property tax cuts. Now, the Texas Senate evaluated going even f
cbsaustin.com
AUSTIN, Texas Last year, after months of negotiating, the Texas legislature approved an $18 billion package of property tax cuts. Now, the Texas Senate evaluated going even further, potentially eliminating property taxes entirely.
On Wednesday, the Texas Senate Committee on Finance took testimony on what further property tax cuts would look like, particularly by cutting school district property taxes, or property taxes entirely. Some Senators on both sides of the aisle appeared skeptical of such holistic tax eliminations, but inclined to further cuts.
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