Texas has fairly low tax rates and no state income tax so it's a pretty affordable place to live. When it comes to living cheap, the lone star state is a pretty good place to be. We're the best place to be for first time home buyers but property taxes can be a little above the national average.
Those in favor say these changes will make a real difference for homeowners feeling squeezed by rising costs. Businesses, too, could get some much-needed breathing room.