To my Texan friends:
This trenchant analysis by a property-tax lawyer I respect, John Brusniak, confirms that the proposed Texas Constitution amendment that supposedly will provide "relief" and "reform" for all Texans is chimerical:
---> https://cdn.lawlytics.com/law-media/uploads/963/343244/original/The-Great-Texas-Property-Tax-Switcheroo.pdf?1761020465
The Texas property tax was the only way for governments in the state to raise money in the 1800s, but all efforts to replace it subsequently have failed. (The best effort was made by Gov. Dan Moody in the 41st Lege, 1929.) The property tax is regressive, unfairly hitting hardest the low-income Texan who owns real estate (and the sales tax is the other regressive tax) and makes it harder for her or him to hold onto it.
But rather than truly fix this ancient tax, replacing it with modern taxes, Texas leaders have always preferred to be able to tout, "We don't have an income tax" as one of the key pitches for out of state capital to come into the State. I. believe that capital will continue to gravitate to Texas even when, someday, Texans have demanded and obtained a fair state tax system.