Tag Archives: Tax Reform

Abbott and Legislature Miss the Mark on Real Tax Reform

The illusory tax reform package cobbled together by the House, Senate and Gov. Gregg Abbott promises to deliver almost nothing in the way of real tax cuts for average Texans.  The House plan to cut the state sales tax would have actually put money back in most Texans’ pockets.  The illusory tax reform of increasing the state school tax property exemption by $10,000 will likely never put another nickel in anybody’s hands.  The additional exemption is very likely to be eaten up quickly by rising appraisals.  And while you can argue that taxpayers will be paying less than they otherwise would, the bottom line is that no real savings are coming from this deal.  The Tea Party has failed to deliver any meaningful tax relief to the average Texan.