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Texas Tax Commission Case Study

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Texas Tax Commission Case Study
The Texas Association of Realtors praises Gov. Perry's tax commission for its recommendations to improve the state's current tax structure. The Texas Tax Reform Commission, chaired by former state Comptroller John Sharp, has developed a plan to provide long-term property tax relief and improve public school funding. Texas Realtors support the panel's key proposals—reducing homeowners' tax rate for school operations and maintenance by approximately one-third and imposing a low-rate, broad-based business tax.

These tax changes proposed by the commission spread the tax burden fairly and will make it possible for more Texans to become first-time homeowners.

Last year, the Texas Supreme Court ruled portions of the state's current tax structure

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