The House has preliminarily approved a $4.9 billion tax cut package featuring the first sales tax reduction in Texas history – setting the chamber up for a fight with the Senate over whose tax plan is best.
Texas would cut its sales tax rate for the first time in history under a House Republican plan that scraps homeowner tax relief sought by Gov. Greg Abbott.
Voters in Fort Worth will soon be asked to decide whether the city can build a new 14,000 seat arena.
It’s nearly sales tax break time in Texas. The state’s annual sales tax holiday begins Friday and runs through Sunday as children prepare to return to school.
One of the most anticipated shopping weekends of the year has been announced.
A change in Texas sales taxes could cost people buying mixed drinks at bars. Purchasers of mixed drinks will pay a new sales tax of 8.25 percent _ the same tax on beer and wine.
Retailers are bracing for big crowds this weekend. At the stroke of midnight on Friday, Texas officially kicked off its annual sales tax holiday.
Texas shoppers can get a tax break this Memorial Day weekend when buying certain power-saving appliances. The sales tax holiday begins Saturday and runs through Monday.
Lt. Gov. David Dewhurst said, with the state’s population set to double in the next 40 or 50 years, it is time to tap the Rainy Day Fund, which could be nearly $12 billion by 2015.
In an era of usually bad economic news, Arlington’s story is surprisingly upbeat. The city’s sales tax revenues were up nearly five percent from last year setting a new record for revenue. Some business owners say the city is evolving as a destination for consumers.
Stores (and shoppers) across Texas are busy preparing for the annual tax-free holiday, this Friday through Sunday, as students get ready to head back to school.
The Texas sales tax holiday is Aug. 17-19 and shoppers gearing up for the new school year will save money on a variety of back-to-school items.