In Texas, school districts grant residential homeowners a flat-dollar-amount homestead exemption of $15,000, but local governments are currently prohibited from doing the same. While they can offer percentage exemptions, the
Public attention is currently focused on the large tax-cut bills that both the House and the Senate passed, in different forms. The House plan, which would reduce the rates of
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
A just-released Institute on Taxation and Economic Policy report estimates that undocumented immigrants in Texas collectively paid $1.5 billion in property, sales, and excise taxes in 2012. (For other states
The House Ways & Means Committee heard testimony on HB 31 and HB 32, the bills that together make up the House tax cut plan. CPPP’s wonks provided live analysis
Tax cut fever continues to spread through the Capitol, and we keep asking the same question: is it appropriate or fiscally responsible to place tax cuts at the top of
As the dust settles on the 17-hour HB 1 debate in the Texas House, it’s worth noting what made it into the final House budget proposal, what didn’t, and what
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 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
Senator Rodney Ellis proposed new legislation Tuesday to close a state loophole that allows commercial property owners to skirt their responsibility and significantly reduce their property tax bills below the