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Governor Greg Abbott promised you a $51 billion property tax cut.

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But here is the first receipt: Texas has no income tax, so cities and counties rely

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almost entirely on property tax to fund schools and police Today, we look at the

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math behind the promise.

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We are going to break down the "compression" of your tax bill, show you who actually

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gets the check, and explain why this massive state intervention in local taxes is

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less of a cut and more of a central planning experiment.

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Let’s look at the receipts.

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To understand why this $51 billion figure is so controversial, you have to

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understand the structure of Texas taxation.

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Because the state does not collect income tax, the burden falls disproportionately

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on property owners.

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This is not a new problem; it is the foundational design of the state’s fiscal

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policy.

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The result is that Texans pay some of the highest effective property taxes in the

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United States.

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When the state talks about "cutting" property taxes, it is not removing the tax from

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existence.

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It is shifting the cost from the local taxpayer to the state budget.

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This is a transfer of liability, not an elimination of debt.

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The scale of this transfer is massive.

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According to the Legislative Budget Board, replacing all school property taxes would

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have cost the state $39.5 billion in tax year 2023 alone In 2024, school districts

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collected even more, to the tune of $42 billion So, when the state says it is

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cutting taxes, it is actually stepping in to pay the local government’s bills.

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This is central planning.

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The state is dictating how much money local districts can collect by forcing them to

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accept state funds in lieu of local revenue.

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It removes the local decision-making process and replaces it with a state-level

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mandate. [01:45 - 03:30] SEGMENT