But it is warranted. It has not been increased since 1990. School districts are held harmless. But most importantly, and people don't always talk about this part of the amendment, We also ban any tax on the transfer of real estate. That's very important. A lot of other states have gone to that to try to find this additional tax source. We believe in the Texas legislature that is a bad idea. (02:54–02:59)
CLAIM
Asserts the proposal to ban taxes on real estate transfers in Texas.
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