Posted on · The bill would cap the increase in property tax revenues at 2.5 percent per year. Governor Greg Abbott has designated the measure an emergency item for the legislative session.
Posted on · Local officials are split between those who favor Senate Bill 2 for giving more power to voters, and those who fear it will starve cities and counties of funds to pay for services.
Posted on · State lawmakers must pass a budget. They’re also determined to reform school finance and cap property taxes. The money has to come from somewhere.
Posted on · The report said that the twin tax and spending bills will push the budget deficit to $804 billion this year and just under $1 trillion for the upcoming budget year
Posted on · One analyst believes the recent overhaul to the tax code will be good for Houston's economy. Houston Matters finds out why.
Posted on · On Tuesday's Houston Matters: We learn about the challenges of buying or selling a home after Harvey. Then, one analyst says recent changes to the nation's tax laws will be good for the energy Industry -- and therefore Houston's economy. We find out why. Plus journalist Chris Whipple discusses his book about the role of past White House Chiefs of Staff. And we learn how AMBER, Silver, and Blue Alerts work.
Posted on · Senate Finance Committee chairman Orrin Hatch, R-Utah, says House and Senate Republicans have agreed on a final tax bill. GOP leaders aim to pass it next week.
Posted on · If the GOP can reconcile differences in the tax bills passed by the House and Senate, President Trump could have his wish for signing the $1.4 trillion tax overhaul into law by Christmas
Posted on · A new congressional analysis says the Senate tax package would add $1 trillion to the budget deficit over the next decade
Posted on · The American Wind Energy Association fears it could threaten nearly $11 billion worth of wind energy projects in Texas alone
Posted on · The bill, authored by Rep. Kevin Brady (R-The Woodlands), would provide some benefits for middle-income families, such as doubling the standard deduction. But it threatens further pain for those who suffered losses to Harvey
Posted on · Pres. Trump says his proposed tax plan would give the average American household a $4,000 pay raise. Is that true? A Houston economist breaks down the numbers.
Posted on · Trump said a cut to business taxes would help truckers because there will be “more products to deliver and more contracts to fill."
Posted on · “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes." - Benjamin Franklin, Well-Known Smart Guy
Posted on · "Politics moves pretty fast. If you don’t stop and look around once in awhile, you could miss it." - Ferris Bueller. Ish.