There are proposals afloat for the state of Texas to switch its tax base from a reliance primarily on property taxes to one based on sales taxes. I want you to read through the information below and try to determine what is driving the change and what impact it might have on the state's revenue.
Is this a good idea or a bad idea in you considered opinion?
- Wikipedia: Property Tax.
- Wikipedia: Sales Tax.
- Tax Foundation: Facts on Texas' Tax Climate.
- SA: Time for property tax reform in Texas.
- SA: Switching from property tax to sales tax a shell game.
Feel free to do your own searches - let me know where you get your information.
