Greg Abbott on Corporations
$2 billion reduction in the business franchise tax
I will reject any budget that does not include genuine tax relief to Texas employers and job creators. I will also insist on property tax reduction. It's time for property owners--not government--to truly own their property.
My plan calls for a $2 billion reduction in the business franchise tax and a $2.2 billion reduction in the property tax burden. My budget includes an appropriation that makes school districts whole for any tax revenue they might lose.
Source: State of the State address to 2015 Texas Legislature
, Feb 17, 2015
Page last updated: Feb 21, 2018