Texas AG Ken Paxton is pushing to eliminate property taxes statewide. The trade-off? Likely a major hike in sales taxes to fill the revenue gap.
Paxton's argument: Sales taxes give people more control since spending is optional, unlike mandatory property tax bills.
Texas lawmakers would need to restructure billions in local funding—schools, counties, cities all rely heavily on property tax revenue.
Paxton's argument: Sales taxes give people more control since spending is optional, unlike mandatory property tax bills.
Texas lawmakers would need to restructure billions in local funding—schools, counties, cities all rely heavily on property tax revenue.
