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A Field Guide to the Taxes of Texas

A Field Guide to the Taxes of Texas

State taxes make up almost half of Texas’ revenue, with major taxes currently generating $50 billion annually. So that taxpayers and legislators can better understand the major taxes, the Comptroller’s office has published A Field Guide to the Taxes of Texas (PDF, 1.4M). It’s a graphic-rich look at the history and rates of the taxes, estimates of future revenue and allocations.

The tablet-friendly design links to in-depth state financial publications, offers an overview of the budget process and outlines the basics of local taxes. Readers can

  • Learn how major taxes have contributed to state revenue during the past 10 years
  • See on one page the future revenue estimates, exemption forecasts and tax allocations
  • Connect to other in-depth resources about state taxes and finances

 

This is just one of the many reports the Comptroller’s office publishes to assist state government planning and decision-making, and to account for state spending to Texas taxpayers.

via A Field Guide to the Taxes of Texas – Revenue – Texas Transparency.