He says by closing local loopholes. How does that work? How does that get done? Well, by loopholes he means how we calculate tax tax rates. Property taxes are intended to be allowed to rise by inflation and population growth without voter approval, but in fact they rise more than that. And so he's talking about how can we ratchet down those the amount of growth in tax rates so that these super increases can occur. (46:17–46:28)
CLAIM
Asserts that property taxes in Texas rise more than intended by inflation and population growth.
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.
