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Greg Abbott: “If you were a senior, it would be the first $200,000…”

Featuring: Greg Abbott, Republican | Governor of Texas

Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas

Published December 4, 2025 | Video Starts at 06:25

Now, because of what you passed last month, the first $140,000 will not be taxed by the school districts. If you were a senior, which I don' Seniors here. But If you were a senior, it would be the first $200,000 evaluation would not be taxed. We did the math and we know that means about half of all seniors in the state of Texas will pay zero for the school district property tax in Texas. (06:25–06:30)

CLAIM

Asserts that the first $200,000 of a senior's home valuation is exempt from school district taxes.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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“We have the largest budget surplus of any state in the United States.”
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“People don't know we're number one in America for 10 years in a row for semiconductor manufacturing and exports.”
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“Texas is more prepared than any other government in the United States to deal with an economic shortfall because we have the largest ESF, or…”
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“We got $27 billion in our savings account to make sure that if there is a shortfall, we'll be able to make it through that shortfall until…”
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“Texas became what may be the last republican state in America to finally pass school choice for parents and children in this state.”
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“It goes into effect this next school year and empowers every parent in the state to be able to choose the best education pathway for their…”
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“We provided a record amount of funding for public education.”
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“We provided an all time record $4.4 billion more to increase teacher pay in the state of Texas.”
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“I signed a law that bans DEI indoctrination in our schools across the [state].”
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“I signed, a law banning boys [from participating in] girls sports in our public schools.”
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“I signed laws to make it easier and faster and cheaper to build more homes.”
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“Last week there was a story here in the DFW area pointing out how rents and home prices are already going down in the Dallas Fort Worth…”
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“When I became governor, that [property tax] exemption was $15,000. Now, because of what you passed last month, the first $140,000 will not…”
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“About half of all seniors in the state of Texas will pay zero for the school district property tax in Texas.”
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“The state of Texas is providing the funding for the education that is a result of the schools not being able to make that property tax…”
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“If there were no spending increases, your property taxes would never go up.”
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“The state itself does not impose a property tax. Only local taxing jurisdictions impose a property tax.”
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“Texas is a state. We already have spending limits. We can't spend more than the combination of the increase in inflation and population…”
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“Your local governments, they don't have any spending limitations.”
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“Your property taxes should never be increased without you being able to vote on it.”
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“A two thirds vote margin should be required to increase your property taxes.”
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“Appraisal increases should be reduced from 10% to just 3% a year.”
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“We need to reduce that to having your home reappraised only once every five years.”
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“The time has come to altogether put an end to any homestead taxation by your school district.”
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“That alone probably would cut your property taxes by about 60%, if not two thirds.”
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“Texas will immediately become the most affordable state in the United States of America.”
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“My number one item, the only item I'm going to focus on is cutting your property taxes like I've just articulated today.”
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“The elimination of the school district property tax for all property tax payors, not limited to just homesteads.”
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“There's no reason to raise our sales tax. We got the money to reduce their property taxes right now.”
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“Our number one source of revenue in the state of Texas is our sales tax.”
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“We don't have an income tax. We also outlawed an inheritance and death tax. We also outlawed a capital gains tax.”
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