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Texas Politicizes Business Activity To the Detriment of Taxpayers

When Texans head to the polls in November, they’ll find a slate of pro-taxpayer constitutional amendments designed to keep the Lone Star State a magnet for  investment and  growth. Unfortunately for taxpayers, that’s where the good news ends. Across counties large and small, voters will decide on more than 250 measures to collectively raise hundreds of millions in tax revenues or authorize tens of billions in new government debt. Everything is bigger in Texas, but that shouldn’t include the tax bill.

Our research finds at least 50 counties have measures on the ballot, including 26 unique ballot property tax, lodging tax, or sales tax increases that would put taxpayers on the hook for a collective $281 million in local tax revenue annually. We’ve identified another 56 tax measures that don’t have a fiscal estimate in the ballot language, which means taxpayers will be left in the dark about the cost of tax increases when they cast their vote. 

Rwad the full story here.