Thank You for Your Donation:) only $1

January 10, 2024

Record tax cuts in Texas, but renters may not feel it

Plus: Abbott's financial boom.

 ͏  ͏  ͏
Texas Take with Jeremy Wallace

NEW YEAR SALE: Only 99¢ for Access!
Act Now


Is relief coming for renters?

Texans are set to receive $18 billion in property tax relief over the next two years, and none of it — at least directly — is earmarked for renters.

As Jasper Scherer reports across the state, renters occupy about three out of every eight households, including more than half of those in Texas' largest cities, according to Census Bureau estimates. They pay property taxes indirectly to their landlords, who pass on the costs as a portion of the rent they charge.

But some lawmakers and policy experts say there is no guarantee that property owners will, in a similar fashion, pass along the savings from Texas' multibillion-dollar property tax-cut package, even as the cuts are funded by taxes that everyone pays.

"We're talking about a huge part of our population," said state Rep. John Bryant, D-Dallas. "Everybody pays property taxes, but not everybody is getting a property tax cut. Only the owners of the property are getting it, and no reasonable person suggests that they're going to pass [it] along to the renters."

Gov. Greg Abbott and lawmakers at times last year kicked around the idea of cutting sales taxes, but the plan ultimately died in favor of a mostly property-tax driven tax cut plan.

Photo of Jeremy Wallace

Jeremy Wallace, Texas politics reporter

jeremy.wallace@houstonchronicle.com


Who's up, who's down

Who's up and who's down for Texas Take newsletter.

Up: Greg Abbott.

In 2022, he won his re-election over Democrat Beto O'Rourke, but it took a lot of money. Ultimately he spent over $130 million on that re-election. But new campaign finance reports show he's fast rebuilding his once-massive campaign war chest. He's now back up to $38 million in his two campaign accounts. That's close to the $39 million he was sitting on just before O'Rourke began talking about challenging him.


Down: Mike Johnson.

Texas Congressman Chip Roy wasn't holding back during an interview with Fox News correspondent Aishah Hasnie in Iowa yesterday about a proposed budget deal that House Speaker Mike Johnson is negotiating with Democrats in the U.S. Senate. Roy was asked if Johnson could face removal from office like now-former Speaker Kevin McCarthy last fall. He didn't say yes, but he also didn't say no. "Speaker Johnson is doing all the same stupid crap that we opposed," Roy said.

What do you think? Hit reply and let me know.


What else is going on in Texas

FILE - Homeland Security Secretary Alejandro Mayorkas testifies during a hearing of the Senate Appropriations Committee on Capitol Hill, Nov. 8, 2023, in Washington. House Republicans are marching ahead with impeachment plans, their sights on Mayorkas as 'derelict in his duty' over handling of the U.S.-Mexico border. Speaker Mike Johnson gave his nod to Wednesday's hearing at the Homeland Security Committee.(AP Photo/Alex Brandon, File)

Photo by: Alex Brandon/Associated Press

GOP kicks off Mayorkas impeachment push as critics call it a stunt

Republicans accuse the Homeland Security head of failing to follow immigration law and violating public trust as border crossings have peaked.

Mike Sommers, president of the American Petroleum Institute, speaks about American oil policy at the Hudson Institute in Washington, Wednesday, Oct. 18, 2023. (AP Photo/Nathan Howard)

Photo by: Nathan Howard, Associated Press

Oil lobby warns Biden voters 'watching' energy policies

Mike Sommers, president of the American Petroleum Institute, warned Biden his efforts to limit oil and gas development would hurt him come the presidential election in November.

Republican presidential candidate former New Jersey Gov. Chris Christie announces he is dropping out of the race during a town hall campaign event Wednesday, Jan. 10, 2024, in Windham, N.H.

Photo by: Robert F. Bukaty, AP

Chris Christie says he's dropping out of the Republican presidential race

Former New Jersey Gov. Chris Christie is dropping out of the Republican presidential race in an effort to deny Donald Trump a glidepath to the nomination. 

Hunter Biden, President Joe Biden's son, center, leaves a House Oversight Committee hearing as Republicans are taking the first step toward holding him in contempt of Congress, Wednesday, Jan. 10, 2024, on Capitol Hill in Washington.

Photo by: Jose Luis Magana, AP

Hunter Biden makes surprise visit to Capitol Hill

Hunter Biden has stirred a political frenzy by showing up in the front row at a House Oversight Committee hearing as Republicans take aim at him.

Harris County Clerk Teneshia Hudspeth addresses the media as ballots arrive and are counted at NRG Stadium on Tuesday, Nov. 7, 2023 in Houston.

Photo by: Elizabeth Conley, Staff Photographer

Harris County Clerk warns of possible 'challenges' for primaries

Harris County election officials warn they will face steep challenges in the March primary elections, as they contend with the county's split primaries and a new bill requiring more polling sites.

A plugged well leaks salt water and oil on Antina Ranch on Tuesday, April 25, 2023 near Monahans.

Photo by: Elizabeth Conley, Staff Photographer

Texas orphan well backlog grows, even as federal funds flow

The Texas Railroad Commission's most recent list of wells needing to be plugged numbered almost 8,200, a 3% increase since federal funding started flowing in 2022.

A person and their dogs walk along a path at the site of the former Woodlake Golf Course on Tuesday, Jan. 9, 2024, in San Antonio, Texas. Bexar County announced plans to buy the Woodlake Golf Course for $4.5 million to create the county's largest park.

Photo by: Sam Owens, San Antonio Express-News

Bexar County to buy land for $4.5M to build its largest park

The county will likely complete the acquisition in February and have trails available for public use within a week of the close. 


Pick of the day

Fourth graders at Hancock Elementary School have their lunch served on Thursday, April 6, 2017, in Houston. The school offers a program where parents can put extra money in the funds so students who forget their lunch money get a full meal. ( Elizabeth Conley / Houston Chronicle )

Photo by: Elizabeth Conley/Houston Chronicle

Texas is passing up nearly $350 million in federal aid to help feed millions of low-income children during the summer months after a state agency said it lacked the time and resources to implement the program this year. Reporter Taylor Goldenstein has the details on it all here


What else I'm reading

Remember when U.S. Rep. Troy Nehls was confronting rioters to keep them out of the House Chambers during the Jan. 6 attack on the U.S. Capitol? Well, Ryan J. Reilly at NBC News reported earlier this week that newly released audio from the confrontation captured Nehls, the former Fort Bend County Sheriff, yelling at rioters "You ought to be ashamed of yourself!" Despite that moment, Nehls has been a critic of those who characterized Jan. 6 as an insurrection. In October he told followers on social media that "there was NO INSURRECTION."

Houston Chronicle
Facebook Twitter Instagram YouTube LinkedInTikTok

Unsubscribe  |  Manage Preferences  |  Privacy Notice

Houston Chronicle - Footer Logo

Houston Chronicle
4747 Southwest Freeway, Houston, TX 77027
© 2024 Hearst Communications

No comments:

Post a Comment