Eliminating Property Tax Equals a 25% Sales Tax Rate

A family spending $100 in groceries would be taxed $25. That would be the effect of the sales tax if the property tax is eliminated. Several tax structure changes would have to occur.

  • Sales tax exemptions would be eliminated.
  • Sales tax rate dramatically increased. 
  • Local control of property taxes would be eliminated & replaced with state control over sales tax.

[Waco Tribune]