State tax systems are usually looked at as a three-legged stool — property taxes, sales taxes and personal income tax. In Texas, our “stool” only has two legs.

House Bill 9, also by Meyer, would spend $700 million on tax relief for small businesses — increasing the amount of personal property exemptions for things like office furniture and equipment.

Billions of dollars in property tax cuts are on the table in Texas. ... also include a $125,000 exemption on business personal property, the taxes on inventory held by small and mid-sized ...

As a result, 5.7 million homesteads in Texas could see a lower property tax bill. Texas Lt. Gov. Dan Patrick, a major advocate of property tax relief, stated that homeowners under age 65 could see ...

Initially, Meyer proposed to raise the business personal property tax exemption to $250,000. The Senate wanted to raise it to $25,000 while also providing $500 million in franchise tax credits ...

Texas lawmakers plan to spend at least $6 billion of state funds on property tax cuts, though they disagree on who should benefit most from the proposed relief: homeowners or businesses.