Texas Undocumented Immigrants Pay At Least $1.5 Billion in Taxes

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 undocumented immigrants currently living in the United States were granted a pathway to citizenship as part […]

FAQ: Texas Taxes and Tax Cut Proposals

Brakeyshia Samms, State Policy Fellow

The House and Senate have different tax cut proposals, generating many questions about what these tax cuts could mean for the future of Texas. Here are some answers to frequently asked questions. What are the tax cut proposals? The Senate proposes a $4.5 billion tax-cut package, made up of: SB 1, which would cut property […]

Who Pays Taxes in Texas?

Brakeyshia Samms, State Policy Fellow

Last week’s release of the 2015 Tax Exemption and Tax Incidence report by the Comptroller’s office is great reminder that Texas tax system is in dire need of a little spring-cleaning. The report reveals the unfairness of our tax system, since low-and moderate-income Texas households bear a disproportionate share of state and local taxes. The unfairness […]

Resources Help Texans Maximize Their Tax Refund

For many Texans, their tax refund represents the largest single payment they receive all year and serves as an important part of their income. Last tax season, 2.6 million Texans claimed the Earned Income Tax Credit (EITC), a tax credit for working people with low to moderate income, earning back approximately $2,600 per filer. The […]

Impact of Lower Oil Prices to State Revenue

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

The price of oil, which was over $100 per barrel last summer, has lately been selling at half that amount. Drilling new wells has slowed down, so we’re left to wonder: What happens to state revenue if oil and gas tax revenues fall? Here’s the answer: For every billion dollars that oil and gas production […]

Texas Has the 3rd Most Unfair Tax System in the U.S.

Brakeyshia Samms, State Policy Fellow

In Texas, we like to pride ourselves as being the standard-bearer of many things across the country. Unfortunately, our tax system leaves a lot to be desired. The latest update of Who Pays? by the Institute on Taxation and Economic Policy reveals that Texas has the third most unfair (or regressive) tax system in the […]