For decades the school property tax that funds “maintenance and operations” has been causing troubles for taxpayers — skyrocketing burdens, lawsuits and confusion. Legislators, taxpayers, school boards and judges have all taken cracks at reforming a system that is fundamentally irreparable. Now a group of legislators are looking to do something about it: end the system and replace it.
State Rep. Phil King of Weatherford has put forward an innovative plan that would eliminate the school M&O property tax — the largest portion of the property tax burden. You can learn more about the proposal by checking out this brief conversation I had with Rep. King last night.
Essentially, the plan would require surplus funds (the state looks to have another $10 billion to $15 billion surplus this biennium), eliminate exemptions to the current sales tax, and then consider a slight rate increase.
The sales tax is fair, it is paid across the board, and people know daily the real cost of government.
Want the school property tax repealed? Sign the petition today that will let lawmakers know you want them to take action!