TPPF: Slow Economy = Property Tax Reform. 5 Points.

• Texas needs the right policy in place for economic success
• Texas has an onerous property tax system that is tough on property owners and businesses
• Tax Foundation says Texas has the 14th worst property tax system that costs each Texan $1600 per year
• A 2012 Texas Comptroller Report says Texas property Tax outpaced population growth at a rate of 5:1
• Texas needs to do 3 things:
  • immediate relief
  • provide long lasting reform
  • property tax system should be replaced with an expanded sales tax

TribTalk | TPPF | Slowing Texas Economy Underscores Need for Property Tax Reform