Republican leaders are split over whether they should raise homestead exemptions or compress the tax rate, but those aren't the only plans on the table.
The political drama surrounding property tax cuts has intensified after Lt. Gov. Dan Patrick challenged Gov. Greg Abbott to a debate.
"If you're a local government, and you want to raise property taxes, you should have to call an election," said Harrison. "Let the voters be in charge and let them decide whether they agree with you or whether they think their level of taxes is just too much.""You can never own your home with a system of property taxes they're unethical, they're inconsistent with private property rights, and we've got to abolish property taxes in Texas," he said.
"They do it on a variation on a consumption tax, so a sales tax, but it's unclear whether that rate would even have to go up very much at all because we would have such a broad base we could keep the tax rate really low," argues Harrison.SMU economist Mike Davis is not so sure that Harrison's proposal will work.
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