Texas School Finance & Eliminating Property Taxes: LPP EP17

In this episode, I discuss the need to eliminate property taxes starting with limiting government spending so state dollars can permanently buy down school maintenance & operations (M&O) property taxes until they are eliminated. I also discuss how the state spending more on education by itself won’t lower property taxes because that’s not how the funding system works.

Here is the paper on eliminating school property taxes (half of property tax burden). Here is a paper on education funding in Texas.