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Dallas City Wire

Friday, May 3, 2024

Taxes News

Taxes

U.S. Rep. Jasmine Crockett proposes no taxes for ‘black folk’

U.S. Rep. Jasmine Crockett (D-Texas) said that it’s “not necessarily a bad idea” to exempt black people in the U.S. from paying taxes.

By Dallas City Wire News Service | Apr 9, 2024

Taxes

Texans for Fiscal Responsibility: Texans will 'see their property tax bills skyrocket (yet again)'

A state fiscal watchdog said that despite the Texas Legislature heralding "historic property tax reform" last session, local governments have set budgets and rates guaranteeing property tax increases.

By Andy Nghiem | Sep 21, 2022

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Chief economist of TPPF: Plano, all Texas residents face 'affordability crisis that can be helped with property tax relief'

By David Hutton | Jun 18, 2022

Citing recent committee hearings, Vance Ginn issued a June 13 newsletter outlining the importance of reducing property taxes for all Texans.

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Taxes

Dallas property owners will likely face 'sticker shock' as home appraisal notices go out

By Andy Nghiem | Apr 21, 2022

There have been renewed calls across the state for property tax reform, as property taxes in Texas could increase up to 50% this year.

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Taxes

Patrick recommends slashing M&O rate to reduce property taxes: 'We can hit the ground running'

By Solange DeLisle | Apr 21, 2022

High property taxes have been a hot button issue for Texas voters for years, and Lt. Gov. Dan Patrick (R-TX) wants to see a state Senate committee look at what changes could be made to provide some relief.

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TTARA: Plano 'property tax bills would not be going up unless local jurisdictions wanted to spend more'

By Ariana Chiarenza | Apr 21, 2022

Increasing property tax values across the state are directly linked to the amount of spending desired by local jurisdictions, as home value appraisals continue to rise.

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Taxes

'Property taxes are out of control': Texas property taxes outpacing growth

By John Kelly | Mar 31, 2022

The Dallas Independent School District (ISD) property tax is surpassing the recommended growth rate, at a time when property taxes have become a controversial issue in Texas, drawing bipartisan support for tax relief.

From Lone Star Standard

TPPF, Every Texan joint statement: Chapter 313 business tax breaks 'not necessary'

By Press Release | 3 years ago

The Texas Public Policy Foundation and Every Texan released a joint statement regarding legislation to extend the Chapter 313 program of school property tax abatements.

From Lone Star Standard

Top marginal tax rate in Texas could reach 49.34% under Biden plan

By Metric Media News Service | 3 years ago

Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in Texas could hit 49.34 percent, according to a new analysis by the Tax Foundation.

From Lone Star Standard

Texas Gov. Greg Abbott gets ‘B’ grade for fiscal management

By Metric Media News Service | 3 years ago

Republican Gov. Greg Abbott received a grade of “B” from the Washington-based CATO Institute for his tax and spending policies since 2018, according to a ranking of governors that comes out every two years.

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Dallas mayor responds to governor’s plan on freezing property taxes for cities that defund police

By John Sammon | Aug 27, 2020

A proposal by Republican Gov. Greg Abbott to punish communities that defund their police departments by freezing their property taxes has Dallas Mayor Eric Johnson saying he would like to defund high-paid bureaucrat salaries and have less dependence on police.

From Lone Star Standard

Texas sales tax revenue for July 2020 is up by 4.3% over previous year

By James Ledbetter | 3 years ago

The state's sales tax revenue was reported to be $2.98 billion in July 2020, 4.3% more than in the same month last year.

From Lone Star Standard

Statewide sales tax collections in April drop 9.3% from previous year

By Kyla Asbury | 4 years ago

Texas' state sales tax revenue for April totaled $2.58 billion, which is 9.3% lower than April 2019.