Texans are about to start hearing more about a state income tax. Here’s why. During the most recent state legislative session in Austin, lawmakers passed a bill (HJR 38) to put a constitutional amendment about income taxes on the election ballot this fall. The amendment, if approved,
The tax bill currently making its way through Congress would make it more difficult for Texas and our local governments to provide the public services that we all need. Under current law, you do not have to pay federal taxes on
Last week the U.S. Senate passed its dangerous tax bill, which is about as bad as the one the U.S. House of Representatives approved in mid-November. Both would give hundreds of billions of dollars in tax cuts
When you’re in a hole – especially a self-induced one – stop digging. The Senate should boost investments in the services Texans need and stop pushing for new cuts to revenue.
Recently the Texas Education Commissioner changed the interpretation of a long-standing statue in order to give $100 million to wealthy homeowners in wealthy school districts. KEY TAKEAWAYS: *It’s understandable that school districts have concerns about the underfunding of the Texas public school
If you’re a budget analyst like me, the summer before the Legislature meets is as exciting as watching a rodeo rider get ready for what’s always a wild ride. Even if you’re not a budget analyst, it’s worth paying attention to
Property taxes are the major source of support for local public services – schools, emergency services, roads, parks and libraries. They are also among the most unpopular of all state and local taxes. Many taxpayers complain that their
Undocumented immigrants in Texas pay at least $1.5 billion in property, sales, and excise taxes annually, according to the new Institute on Taxation and Economic Policy (ITEP) report. According to the report, “these tax contributions would increase significantly if all
In the 2015 session, legislators considered a promising proposed constitutional amendment to give cities, counties, and other local taxing units the option of lowering property taxes through a flat-dollar homestead exemption. The measure passed the Senate and the House Ways
Early voting begins October 19 for the upcoming statewide elections, where Texans will vote on seven proposed constitutional amendments. CPPP encourages all Texans to learn about the implications of these proposed amendments for the future prosperity of our state. CPPP has
