Greg Abbott on Tax Reform
Rein in property taxes; they punish families
If we are going to keep Texas the economic engine of America, we must rein in a property tax system that punishes families and businesses and prevents younger Texans from achieving their dream of homeownership. We can no longer sit idly by while
property owners are reduced to tenants of their own property with taxing authorities playing the role of landlord. I applaud leaders of the Senate and House for working together on bills that limit the ability of taxing authorities to raise your taxes.
Source: 2019 State of the State address to the Texas legislature
, Feb 5, 2019
The only good tax is a dead tax
Another way for Texas to grow jobs is by cutting taxes and regulations on business. Ben Franklin said the only two certainties in life are death and taxes. As far as I'm concerned, the only good tax is a dead tax. We must continue to cut the business
franchise tax until it fits in a coffin.
Speaking of taxes, Texans are being crushed by property taxes. Their property tax bills often increase far faster than household income. No government should be able to tax people out of their homes.
No government should be able to disregard the private property rights of its citizens.
Texas should not stand for it. We must remember: Property owners are not renting their land from the city.
That is why we need property tax reform that prevents cities from raising property taxes without voter approval. We need serious property tax reform with a real revenue cap.
Source: 2017 State of the State address to Texas Legislature
, Jan 31, 2017
Page last updated: Mar 20, 2019