Texas Governor Greg Abbott recently spoke in Bullard, Texas, about the importance of fiscal discipline in reducing property taxes. Abbott argued that government at every level must learn to spend less in order to eliminate property taxes.
Local Government Spending
Abbott proposed capping annual spending growth by cities, counties, and other local taxing entities at the lesser of population growth plus inflation or 3.5 percent. This would require local governments to prioritize core services instead of allowing budgets to expand indefinitely and place ever-higher burdens on taxpayers.
State Representative Daniel Alders echoed the governor’s remarks, emphasizing the need for fiscal discipline and spending cuts to accompany any serious effort to eliminate property taxes and lower tax burdens.
Texans for Fiscal Responsibility
Texans for Fiscal Responsibility has consistently argued that spending restraint is the foundation of meaningful tax reform. Every dollar government spends must ultimately come from taxpayers, whether through property taxes, sales taxes, fees, or other revenue sources.
Original reporting: Texans for Fiscal Responsibility — read the source article.