Report: Legislature Can Stop Property Tax Hikes by Halting Local 'Unrestricted Spending'

Report: Legislature can stop property tax hikes by halting local 'unrestricted spending'

(The Center Square) – Texans’ property taxes and other costs keep increasing because of “unrestricted spending” by local governments. The state can, and must, enact measures to stop this, according to a new report published by the Texas Public Policy…

Proposal in works to eliminate all property taxes

Prescott On Monday evening, Aug. 10, State Representative J.D. Prescot (R-Union City) came to Noblesville to speak to the public about his bill that would eliminate all property taxes for homeowners, businesses, and farms. Approximately 60 people attended and asked questions. The main idea is to replace the current system of property taxes with a new 7 percent sales tax on services. Medical, education, and current sales tax exemptions will remai…