Let me tell you what it does. First of all, it addresses one of the reasons why property taxes increase, and that's because of increased spending by property taxing jurisdictions. To be clear, The state of Texas does not impose a property tax. They're imposed by multiple different local jurisdictions, the largest of which are local school districts. And those local property tax and jurisdictions, they just continue to spend more and hence demand more property taxes from taxpayers. (03:25–03:30)
CLAIM
Asserts that the state of Texas itself does not levy property taxes.
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