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The Fed Raises Rates Again

Today, the Federal Open Market Committee released the minutes from their most recent meeting. The most significant news was that they hiked the interest rate by 25 basis points to give us a total federal rate of 4.5% (up from…

Commentary

Are We Really Getting $15 Billion in Property Tax Relief?

Recently, the House and Senate released their versions of the appropriation bill. House Bill 1 and Senate Bill 1 respectively lay out the biennial budget for the 2024-2025 biennium. Texans for Fiscal Responsibility has already highlighted that $15 billion in…

Featured

Festivus: Airing of Grievances

What is Festivus? Finding its origins in the hit ’90s sitcom Seinfeld from an episode entitled “The Strike”, the character George Costanza’s family celebrates a holiday called Festivus as an alternative to Christmas, and a tongue-in-cheek protest to the commercialism surrounding…

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What Does a Successful Legislative Session Look Like?

With the 88th Legislative Session set to begin in January, we are increasingly asked by taxpayers and lawmakers alike what winning looks like to Texans for Fiscal Responsibility. That is what we are going to discuss in this article. As…

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Property Tax Bills Filed in Large Numbers, a Good Sign for Taxpayers

On Monday, lawmakers in both the Texas House of Representatives and Texas Senate began the process of prefiling legislation ahead of the upcoming 88th Legislative Session, and hundreds of bills have already been filed. 2023 will be a contentious year…

NewsState

Texas Given a ‘D’ Rating on Fiscal Health

Recently, Truth in Accounting released its 2022 Financial State of the States Report analyzing the financial health of all 50 states in the United States. They have released this annual report for the past 13 years. According to the report,…

Commentary

Slowing the Growth Is a Losing Strategy for Taxpayers

For all of Texas’ economic successes, the ever-increasing property tax burden on Texas taxpayers casts a long and dark shadow. In 2021, the Tax Foundation reported that Texas had the sixth most burdensome property tax in the United States. Just…

NewsState

In Debate, Abbott Says He Will Eliminate School Property Taxes

Last Friday, Texas taxpayers had a chance to watch the one and only debate between former U.S. Congressman Beto O’Rourke (D) and incumbent Governor Greg Abbott (R) before the November general election. The two addressed several issues important to Texans,…

NewsState

Polling Suggests Most Texans Want True Property Tax Relief

This week, the Defend Texas Liberty PAC released polling that suggested a majority of Texans, from both major political parties, support using a majority of the projected budget surplus to lower their property tax burdens.   Polling Results Among several…

News

Despite Promises From Appropriators, No Major Cities Are Adopting the No-New-Revenue Rate

It’s that time of year again: local governments across Texas are considering their budgets for the next fiscal year and setting their tax rates to support such spending. This year is special for Texas taxpayers because it is a year…

Commentary

Introducing the Texas Prosperity Plan

At Texans for Fiscal Responsibility (TFR), we hear from Texans every day, impacted by the rising costs of living, rising property tax burdens, and general dismay towards a government that seems to represent their own interests less and less. For too…