Oct
16
Written by:
William Lutz
10/16/2009 4:41 PM
There's a lot of misinformation circulating on the Internet about Propositions 2, 3, and 5. They do NOT, we repeat DO NOT, create a state property tax.
The Texas constitution's prohibition on a state property tax remains intact, even if all three pass. The propositions simply make the existing property tax system more efficient. Because of the public interest in this issue, we are putting on the public part of our site (the "Featured Articles" section) our article from this week's issue. You can access it here too.
Our article this week explains, in detail, exactly what each of these ballot items actually do and addresses some inaccurate information on the Internet.