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Greg Abbott: “We dedicated $51 billion to reduce your property taxes.”

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 04:18

We devoted more of the money that we had in our budget toward reducing property taxes than any state's ever done in the history of the United States of America. We dedicated $51 billion to reduce your property taxes. And you're going to see that on your next property tax bill. But I can tell you right now what I think, you may already think, and that is that will improve your next property tax bill. (04:18–04:24)

CLAIM

Asserts that Texas allocated $51 billion to reduce property 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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“Number one for corporate headquarters and relocations.”
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“That's gone from 500 when I took office to now $125,000.”
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“Number one is the best state for doing business.”
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“Small businesses represent more than 95% of all businesses in this state.”
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“There are more than 3 million businesses that are registered to do business in the state.”
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“We passed laws to cut all the red tape and to lower the cost of doing business for our small businesses in the state.”
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