Source: Paradigm Blog

Paradigm Blog Texas Lawmakers Consider Property Tax Cap, School Funding Reform

Texas school finance and property taxes are once again a major topic of discussion at this year's legislative session. Senate leaders House Speaker Dennis Bonnen, Gov. Greg Abbott and Lt. Gov. Dan Patrick say it's the time to systematically change the way schools are funded and ensure that students and teachers are better off, while also slowing skyrocketing property tax bills as a result. However, there a many different ideas on the most effective way this will be accomplished. Abbott said he wouldn’t be satisfied with anything less than a landmark overhaul, but Dale Craymer, president of the Texas Taxpayers and Research Association, predicts it will be will be evolutionary rather than revolutionary.

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