As the 84th Legislature progresses you may have questions about Texas taxes which bring in nearly half of the states revenue. If so youll be interested to read the Comptrollers newly published
Field Guide to the Taxes of Texas that provides a graphic-rich overview of the history and rates of taxes that generate $50 billion in annual receipts estimates of future revenue and allocations. The guide also details the value of exemptions and discounts on six high-profile taxes that account for almost 90 percent of Texas tax revenue.
The tablet-friendly design links to in-depth state financial publications offers an overview of the budget process and outlines the basics of local taxes.
At Right: This graphic detailing sales tax collections and rates is representative of those youll find in the
Field Guide. Bold and featuring key information on Texas taxes these graphics provide a quick overview on Texas key revenue generators.
