Property Tax Relief in Texas: Plan to Eliminate School M&O Property Tax
Texas’ property tax system has turned property holders into renters, where government is their landlord and Texans who struggle to pay annual tax bills face confiscation of their properties. Additionally, the growth of government is harming taxpayers and the economy through higher taxes and more regulation.
HOW THE TEXAS MODEL SUPPORTS PROSPEROUS FAMILIES
“But if we are honest with ourselves, we’ll admit that what too many fathers are also missing—missing from too many lives and too many homes. They have abandoned their responsibilities, acting like boys instead of men. And the foundations of our families are weaker because of it.”
TEXAS’ FAILED PROPERTY TAX RELIEF ATTEMPTS
We previously discussed the problems with Texas’ skyrocketing property tax burden. Let’s now consider past failed property tax relief attempts signaling a need for options that will provide permanent relief.
TEXAS PROPERTY TAX BURDEN PROBLEM
Despite the economic success of the Texas Model of relatively fiscally conservative governance, a skyrocketing local property tax burden remains one of the state’s most pressing policy challenges.
AMERICANS PROSPER FROM LESS GOVERNMENT REGULATION
Regulatory growth since 1980 has contributed to at least $4 trillion in less U.S. economic output, according to research by the Mercatus Center.
TEXAS’ ECONOMIC, LABOR MARKET, AND FISCAL SITUATION
This presentation provides information about Texas’ economy, labor market, and fiscal situation and key public policies that would increase individual liberty and economic prosperity.