Replacing the property tax with an enhanced sales tax, with no changes to the tax base,...
in general sales taxes. Replacing the property tax with an enhanced sales tax, with no changes to the tax base, means the sales tax would about triple to almost a quarter on every dollar you spend! That astronomical rate would drive Texans to go shopping in the 49 states with lower sales tax rates, forcing countless retailers here out of business.
The property/sales tax swap is more than a spreadsheet challenge — the resulting system has to be workable and fund government at all levels, including school districts, cities, counties and special districts. Like all Texans, I’m certainly no fan of the property tax. There is good news, though, in that we are seeing the results of 2019 state legislation to slow the increases we’ve been used to. The Texas Taxpayers and Research Association estimates school property tax bills in 2021 were $7 billion lower than they would have been because of Senate Bill 2 by State Sen. Paul Bettencourt and House Bill 3 by State Rep. Dan Huberty — savings that will grow in each of the coming years.
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