Yes, Texas Can End the Property Tax
February 5, 2010
Weatherford Democrat
Talmadge Heflin
If you’re a homeowner in Texas, hopefully you’ve already paid your property taxes. After Monday’s deadline, what was already a hefty and growing tax bill will become even larger.
The Texas Legislature and our last two governors have acted in good faith to reduce property taxes, but the combination of rising property valuations and local government excesses have caused property taxes to continue their surge. So what can our state do to relieve this burden?
Last spring, the Texas Public Policy Foundation asked Arduin, Laffer & Moore Econometrics, LLC to answer this question, “How can Texas eliminate the burden of property taxes and still meet the needs of Texans?” Their answer: a broad-based sales tax.