Property Tax

Commentary

Austin Proposes Nearly $6 Billion Budget, The Biggest Ever

Austin has set forth its new proposal for the Fiscal Year 2025 city budget – and it is exactly what you would expect.  The new budget initially proposed by unelected bureaucrat T.C. Broadnax, the City Manager, contains an incredible $5.9…

Commentary

Biden Boasts Job “Growth” and Economic Success, Reality Paints a Different Picture

When the COVID-19 Pandemic emerged at the height of a booming economy, the American people went into a near-nationwide shutdown. With the population locked in their homes, unemployment expectedly spiked to unprecedented levels. As the pandemic and accompanying lockdowns receded…

Commentary

Happy Independence Day!

As we gather to celebrate Independence Day, we honor the principles of freedom, self-governance, and personal responsibility that our nation was founded upon. This is a time to reflect on the sacrifices made by our forefathers to secure these liberties…

News

Tarrant County Increases Their Homestead Exemption

Tarrant County has taken another step towards giving more money back to taxpayers by increasing the homestead exemption to the maximum allowed by state law. Following the implementation of a 10% homestead exemption last year, the Tarrant County Commissioners Court…

Commentary

Corporate Welfare and the Texas Stock Exchange

New York City, once the unrivaled hub of America’s financial services, is seeing its dominance wane. The New York Stock Exchange (NYSE), a cornerstone of U.S. commerce since 1792, now faces competition from emerging financial centers like Texas. The recent…

News

Arkansas Holds Special Session on Property Tax Cuts, Texas Must Eliminate Them

Arkansas lawmakers have made significant strides in reducing the property tax burden on their residents. During a special legislative session, the Arkansas General Assembly passed a series of bills aimed at decreasing income and property taxes. This decision has been…

News

Vermont’s Misguided Property Tax Hike – Texas Must Be Vigilant

Vermont’s recent decision to raise property taxes by nearly 14% should serve as a stark warning to Texans about the dangers of unchecked government overreach and fiscal irresponsibility.  Despite the state’s already high tax burden, the Vermont legislature, controlled by…

News

Texans Approve $15 BILLION in New Local Debt from Bond Elections

In May, local communities across Texas participated in bond elections that saw approximately 250 bond propositions put to a vote.  These propositions collectively amounted to nearly $15.5 billion in new local debt, a significant financial burden with implications for taxpayers…

Commentary

The Ginn Economic Brief: Texas Economic Situation – May 2024

Texas at the Forefront: Leading the Charge but Facing New Challenges Texas continues to blaze trails in the labor market, with recent data from the Texas Workforce Commission showing a robust addition of over 42,000 jobs and an unemployment rate…

Commentary

Update from RPT Convention!

This week, Texans for Fiscal Responsibility is in San Antonio for the Republican Party of Texas State Convention! We are here educating delegates on “Axe the Tax,” which would prioritize eliminating property taxes in the 2025 legislative session.  This plan…

Commentary

TFR is Headed to Convention!

Texans for Fiscal Responsibility will be attending the Republican Party of Texas Convention in San Antonio.  Next week, Texans for Fiscal Responsibility (TFR) will pack its bags and hit the road for San Antonio. The Republican Party of Texas (RPT)…

News

Houston Superintendent Faces Allegations of Misusing Tax Dollars

Houston Independent School District (HISD) Superintendent Mike Miles finds himself under intense scrutiny as allegations emerge of diverting millions in Texas public school tax dollars to a failing charter school in Colorado. The accusations, brought to light by a Spectrum…

News

Texans Vote on Bond Debt in Local Elections

Local elections were held last weekend all across the state. There were several important items on the ballot, including several sizable bonds, with almost 250 bond propositions totaling $15.5 billion statewide, as reported by the Texas Policy Research Foundation.   Here’s…

Commentary

A Bold Vision for Texas: Eliminating Property Taxes for True Ownership

Texas should set the path forward for what is sound fiscal policy. Politicians have a clear mandate and a moral imperative to limit government spending better and abolish property taxes.  The overwhelming support among Republican voters, with 78% backing the…

NewsLocal

The May 4th Local Elections Are Upon Us

Another election is upon us here in the Lone Star State. This Saturday, May 4th, elections for local officials, bonds, and propositions will be held for communities across Texas. Local elections play a crucial role in day-to-day lives of Texas…