Keyword: Paul Bettencourt

Feeding the property tax beast

| By: Jim Henson and Joshua Blank

One of the final acts of the third special session of the 87th Texas Legislature was the negotiation of SJR 2, a measure that, if approved by voters in May, would increase the homestead exemption from $25,000 to $40,000 beginning with the 2022 tax year. Property taxes have been a perennial source of griping, especially in areas of Texas experiencing rapid population growth, rapidly rising home values, and the corresponding increase in property tax bills. Of course, as policy makers have been frequently reminded during the long real estate boom in Texas, in Texas’ growth obsessed but revenue-constricted political economy, efforts to reduce property taxes enough for voters’ to actually feel the effects of legislative action are severely constrained. 

While the primary driver of that constraint is fiscal, another major constraint is public opinion. A decade of polling on property taxes illustrate that many voters notice those rising property tax bills, but are likely to be unimpressed with what ultimately amounts to legislative tinkering in efforts to validate some sort of claim that the incumbent government is addressing voters’ concerns.

Read more...

Texas Data Points from the Week in Texas Politics - April 22, 2016

Texas Data Points from the Week in Politics - January 29, 2016

| By: Jim Henson and Joshua Blank

When Comptroller Glenn Hegar assured the Senate Finance Committee that he would “much rather be in this state than the other 49 states in this nation,” Dallas Senator Royce West captured the underlying tension in the Senate’s engagement with the economy, budget prospects, and taxes when he cracked back, “I just don’t want to be in a state of denial.” The finance committee’s worry about what the budget might look like was little in evidence the next day when the Select Committee on Property Tax Reform and Relief convened in San Antonio to wave a red flag on local taxation. The Senate State Affairs Committee explored how the state is muddling through implementation of the state’s new gun laws, while over on the House side, Republicans flipped a seat in the HD118 special election, triggering Democratic dismay and some public self-loathing. A Houston grand jury propelled Texas into the national headlines after reviewing the case of the surreptitiously filmed attempt to buy fetal tissue from Planned Parenthood and indicting the fraudulent would-be tissue peddlers rather than anyone at Planned Parenthood. Way back at the beginning of the week, Rick Perry also got back in the national news for about half a news cycle after leaking to Politico (take that, state press corps) that he would be endorsing Ted Cruz. Perry revealed that he apparently doesn’t know Cruz real well, but he former governor reported that the endorsement comes after they “spent some very appropriate time together."  

Read more...