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Greg Abbott: “Texas has the number one economy in America.”

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 11:51

Now some will ask, well, that sounds good. How are you going to pay for it? As McQueenie was saying earlier, Texas has the number one economy in America. Since I've been governor, there's no governor in America that's led a more powerful economy. (11:51–11:55)

CLAIM

Asserts that Texas has the leading economy in the United States.

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

“We have the largest budget surplus of any state in the United States.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 12:02-12:07
“People don't know we're number one in America for 10 years in a row for semiconductor manufacturing and exports.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 16:27-16:34
“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…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 17:47-18:01
“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…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 18:00-18:11
“Texas became what may be the last republican state in America to finally pass school choice for parents and children in this state.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 01:57-02:06
“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…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 02:09-02:18
“We provided a record amount of funding for public education.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 03:24-03:28
“We provided an all time record $4.4 billion more to increase teacher pay in the state of Texas.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 03:35-03:43
“I signed a law that bans DEI indoctrination in our schools across the [state].”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 03:53-04:01
“I signed, a law banning boys [from participating in] girls sports in our public schools.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 04:07-04:14
“I signed laws to make it easier and faster and cheaper to build more homes.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 04:50-04:57
“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…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 05:02-05:12
“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…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 05:55-06:15
“If you were a senior, it would be the first $200,000 evaluation would not be taxed.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 06:25-06:30
“About half of all seniors in the state of Texas will pay zero for the school district property tax in Texas.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 06:31-06:40
“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…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 06:52-07:04
“If there were no spending increases, your property taxes would never go up.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 07:31-07:36
“The state itself does not impose a property tax. Only local taxing jurisdictions impose a property tax.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 07:44-07:53
“Texas is a state. We already have spending limits. We can't spend more than the combination of the increase in inflation and population…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 08:07-08:15
“Your local governments, they don't have any spending limitations.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 08:15-08:19
“Your property taxes should never be increased without you being able to vote on it.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 08:48-08:54
“A two thirds vote margin should be required to increase your property taxes.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 08:53-08:59
“Appraisal increases should be reduced from 10% to just 3% a year.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 10:01-10:08
“We need to reduce that to having your home reappraised only once every five years.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 10:22-10:29
“The time has come to altogether put an end to any homestead taxation by your school district.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 11:19-11:28
“That alone probably would cut your property taxes by about 60%, if not two thirds.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 11:34-11:41
“Texas will immediately become the most affordable state in the United States of America.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 13:00-13:08
“My number one item, the only item I'm going to focus on is cutting your property taxes like I've just articulated today.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 13:47-13:54
“The elimination of the school district property tax for all property tax payors, not limited to just homesteads.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 15:48-15:58
“We lead in oil and gas, of course. We lead in real estate, construction, of course. We also lead with regard to artificial intelligence. We…”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 16:16-16:28
“There's no reason to raise our sales tax. We got the money to reduce their property taxes right now.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 16:56-17:03
“Our number one source of revenue in the state of Texas is our sales tax.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 17:30-17:35
“We don't have an income tax. We also outlawed an inheritance and death tax. We also outlawed a capital gains tax.”
Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas | Uploaded December 4, 2025 | 18:43-18:51