A Field Guide to the Taxes of Texas
State taxes make up almost half of Texas’ revenue, with major taxes currently generating $50 billion annually. So that taxpayers and legislators can better understand the major taxes, the Comptroller’s office has published A Field Guide to the Taxes of Texas (PDF, 5.7M). It’s a graphic-rich look at the history and rates of the taxes, estimates of future revenue and allocations.
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. Readers can
- Learn how major taxes have contributed to state revenue during the past 10 years
- See on one page the future revenue estimates, exemption forecasts and tax allocations
- Connect to other in-depth resources about state taxes and finances
This guide has been updated to incorporate fiscal 2015 revenue data, updated revenue estimates for fiscal 2016 and 2017, and the most recent transfers into the state’s "rainy day fund" and state highway fund.
Field Guide Raw Data
Updated December 2015