Research

Research

New Property Tax Numbers Prove Relief Was Not the Largest in Texas History

Texans are upset that their property tax relief is less than the Texas Legislature promised last year. While Texans for Fiscal Responsibility wrote about how we should expect this outcome, the reporting and claims about this relief were that it…

Research

Texas Local Governments Must Limit Spending And Eliminate Property Taxes

Overview Debt A recent report by the Texas Bond Review Board notes that Texas’ total outstanding local government debt is $280 billion, resulting in debt per capita of $8,869. This puts Texas’ local debt per capita in third place of…

Research

Texas Passes Largest Budget Increase in Texas History

Overview Texas Passes Largest Budget Increase in Texas History Texas Governor Greg Abbott (R) recently signed the Texas budget (HB 1) passed by the 88th Texas Legislature with the largest spending increases, the largest corporate welfare increases, and the largest social safety net…

Research

Second-largest Property Tax Relief in Texas History

An Overview The good news is that state officials in Texas have been debating how to provide one of the largest tax cuts in the state’s history and were even talking about eliminating school maintenance and operations (M&O) property taxes….

Research

Socialism on the Rise in Texas: An Examination of the Texas Budget

Executive Summary The Texas Legislature is in the midst of a 20-year spending spree. Since 2003, the appropriation of state funds per legislative session has increased from $76.2 billion to $233 billion. Remarkably, 44% of that growth happened in 2023…

Research

What Happened to the Texas Budget Surplus?

Executive Summary A lot of people know about Texas’ $32.7 billion budget surplus. What most don’t know is that the Texas Legislature has $78.4 billion more in state funds to spend this year than it spent in 2021 and that…

Research

Texas Senate Budget Exceeds Frozen Texas Budget

An Overview Texas Senate Budget Substantially Increases Appropriations Table 1 shows the amount by which the Texas Senate proposes to increase appropriations compared with what was appropriated for the 2022-23 budget. While the Legislative Budget Board shows a comparison of…

Research

Texas House Budget Above Frozen Texas Budget

An Overview Texas House Budget Substantially Increases Appropriations Table 1 shows the amount by which the Texas House proposes to increase appropriations compared to what was appropriated for the 2022-23 budget. While the Legislative Budget Board shows a comparison of…

Research

The Frozen Texas Budget Path to Eliminating Property Taxes

An Overview Texans for Fiscal Responsibility’s 3-Step Plan to Eliminate All Property Taxes While Texas has done a better job at keeping spending and taxes lower than many other states, thereby supporting a more robust business tax climate and more…