Voters in Texas seemed poised on Tuesday night to approve a series of tax exemptions and bans as well as new investments in state infrastructure and research.
All 17 constitutional amendments on the ballot held majority support Tuesday night, most of which restrict the creation of certain taxes or allow for new tax exemptions. Other amendments would create state investments in water infrastructure, dementia research and technical college funds.
Proposition 10 received the largest share of voter support Tuesday night. The amendment would temporarily lower homeowners’ property taxes if their homes are destroyed by fires.
Support for all but two of the propositions held 10-point leads in preliminary results on Tuesday. Proposition 6, which would ban the creation of new taxes on securities transactions, like stock trading, leaned toward passage with a 58% supporting vote. Proposition 17 would allow the state government to prevent property values of counties with border security infrastructure from increasing, and held a 60% supporting vote.
Lol oof what a clowncar of a state
Edit I want to highlight how pathetic this stuff is, Texas is one of the largest oil producers in the world, the idea that the rich are getting beat up paying taxes there or something is a joke.
Texas is a petro-state with no social safety net, I can’t think of a more pathetic way to structure society honestly. It is like losing a video game on the easiest setting with all the cheat codes on.
https://www.oilandgas360.com/4-mmbopd-texas-fifth-largest-oil-producing-country/
If Texas wasn’t a monument to unforced policy errors, Texas would have the kind of social safety net and quality of life for its average citizen that the rest of the country would look at with envy and ask “why can’t we have stuff like Texas does!” and people would have to remind one another “Texas produces a MASSIVE amount of oil, we don’t have easy tax revenue like that.”
Instead… we have this reality…