April 16, 2019      11:19 AM

Property Tax Chairman Bettencourt expresses deep reservations about tax swap

In an interview with KFYO Radio in Lubbock, Chair Bettencourt says there is not appetite in the Senate for the increase to buy down property taxes

Via KFYO in Lubbock:

In an apparent split from the Governor, Lt. Governor, and Speaker, Bettencourt came out against raising the sales tax and said that he did not see a "tremendous appetite" in the Texas Senate for approving an increase in the sales tax. Bettencourt wants to know if every dollar would going to go to tax relief and "I haven't heard that yet".

Bettencourt told Hasty, "whether it's income tax, property tax, sales tax, or whatever tax, I'm not voting for an increase". Bettencourt continued to say that a tax swap is not currently a popular idea in the Texas Senate, "tax swaps got us into trouble ten years ago when we swapped out property tax relief for the franchise tax".

Copyright April 16, 2019, Harvey Kronberg, www.quorumreport.com, All rights are reserved