8 Take Aways from Comptroller Hegar Guide to Texas Revenue

• $51 Billion: 2014 tax revenue 
• 88.7% of the tax revenue is from sources that are not oil and gas production and regulation taxes
• $42.2 Billion: all sales tax exemptions, exclusions & discounts total for fiscal year 2015
• $1.88 Billion: franchise tax exemptions total for fiscal year 2015.
• 41% of sales tax revenue is paid by businesses
• 59% of sales tax revenue is paid by consumers 
• 1837: Year local property taxes were enacted
• Comptroller’s Field Guide to Texas Taxes has a chart for everyone. Need a graph to send a client about a tax issue- this guide has it.