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Greg Abbott: “Small businesses represent more than 95% of all businesses…”

Featuring: Greg Abbott, Republican | Governor of Texas

Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid

Published November 12, 2025 | Video Starts at 00:30

We're number one for cattle and cotton, for oil and gas. The list goes on. Under my leadership, the economy for Texas, the gross domestic product, are Small businesses represent more than 95% of all businesses in this state. And we support our small businesses in the state of Texas. There are more than 3 million businesses that are registered to do business in the state. (00:30–00:36)

CLAIM

Asserts that over 95% of businesses in Texas are small businesses.

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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Greg Abbott

“There's no economy in America that's doing better than the Texas economy.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 00:06-00:10
“Texas ranks number one for the most new jobs.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 00:10-00:13
“Number one for corporate headquarters and relocations.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 00:14-00:18
“That's gone from 500 when I took office to now $125,000.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 02:10-02:18
“The budget surplus we've had each of the past four years exceeds the amount it would cost to eliminate any school district property tax in…”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 04:08-04:19
“We dedicated $51 billion to reduce your property taxes.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 04:18-04:24
“In the 2021 legislative session, I led the campaign to make sure we would not have cities defunding their police. And I signed a law that…”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 10:01-10:01
“Number one is the best state for doing business.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 00:12-00:15
“There are more than 3 million businesses that are registered to do business in the state.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 00:44-00:50
“That's double the number when I took office.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 00:50-00:53
“We passed laws to cut all the red tape and to lower the cost of doing business for our small businesses in the state.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 01:07-01:14
“When I became governor, there was an exemption on the first $500 [of personal property tax].”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 01:49-01:56
“The state does not impose a property tax.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 05:05-05:10
“The state already has five legal limits that limit the ability for us to increase spending.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 05:29-05:37
“I want to require 100% of every property tax increase must not only be voted on, but must be approved by 2/3 of the people who go vote in…”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 06:14-06:26
“If 15% of the registered voters sign a petition, you have a petition on the ballot to roll back your property tax rates.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 07:10-07:28
“Your appraisal can go up to as much as 10% a year. That has to be stopped. We must cap that, not at 10% a year, but lower that cap to no…”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 08:26-08:43
“The largest part of your property tax bill is your school district property tax. That property tax should be reduced to zero.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 08:50-09:01
“It should be the voters who have a right to vote on a constitutional amendment to eliminate the school district Property tax in Texas.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 09:03-09:12
“The school districts will be funded by the state of Texas.”
Gov. Greg Abbott Breaks Down Major Property Tax Proposal For Texas As Part Of Reelection Bid | Uploaded November 12, 2025 | 11:15-11:19