The Texas Comptroller’s Office continues to raise its revenue estimates for the coming biennium.

12 JUL 2018 – The TPPF Take: Lawmakers should use that money wisely – by helping to buy down skyrocketing property taxes.

“Comptroller Glenn Hegar on Wednesday increased his revenue estimate for the current two-year budget cycle by $2.8 billion,” the Dallas Morning News reports. “Hegar said tax collections have exceeded his expectations because of a strengthening Texas economy and higher oil prices and production.”

“As the revenue estimate continues to rise, the Legislature has an opportunity for tax relief,” says TPPF’s Vance Ginn. “That revenue can be used to buy down school property taxes or to eliminate the inefficient and cumbersome franchise tax. Both would boost our economy and benefit Texans.” – Texas Public Policy Foundation’s “The Cannon” Newsletter

No Relief. No Reform. #EliminatePropertyTax