The Facts
* The state’s current tax system is expected to collect 71% more total revenue in 2014-15 compared with 2004-05.
* Texas does not have a problem with revenues and an increase in taxes would burden all Texans.
* Low taxes contribute to the economic success of the Texas Model.
Recommendations
* State and local governments should continue to rely on consumption taxes as their main revenue generators.
* Legislators should pass a bill to require a supermajority (two-thirds of membership) vote to raise taxes.