Topics:
January 4, 2023 Last Edit: June 5, 2025
Ahead of the 88th Legislature’s return to Austin, small businesses are calling for tax relief
Small Businesses Urge Texas Legislature to Cut the Inventory Tax
CLICK HERE to read the full op-ed. Excerpts are below.
“The phrase ‘Don’t California my Texas’ has become its own anthem here in the Lone Star State. […] But our state’s inventory tax would make even the California legislature blush. In fact, Texas is one of only nine states to tax inventory, outranking the Golden State in business property tax rates. “What does that mean practically? […] That means the owner at your local bakery shop pays a tax on her stand mixers, measuring cups and flour. At the salon, your hairstylist’s chair, shears and shampoos are taxed. And the locally owned furniture store down the street? Everything from the delivery equipment to fabric samples are taxed too. […] “This week, as state lawmakers prepare to return to Austin for the start of the legislative session, property taxes have taken center stage. Gov. Greg Abbott is to be commended for his support for tax relief. His proposal to exempt the first $100,000 of business personal property tax is an excellent starting point for debate. “Allowing job creators to keep more of their hard-earned money, invest in their workers, and expand their operation will not only stabilize our recovery but also promote Texas’s economic growth. […] With prices continuing to rise and a recession on the horizon, there’s simply too much at stake not to act. It’s time to cut the business property tax.”
CLICK HERE to read the full op-ed.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
December 29, 2025
NFIB California Main Street Minute, Dec. 29-Jan. 2
New laws taking effect in 2026
Read More
December 22, 2025
Webinar Provides Major Legal and Tax Updates for 2026
NFIB’s December webinar provides an update on the major legal and tax cha…
Read More
December 19, 2025
NFIB NH Says NO to 26-Week Paid Leave Mandate
Lawmakers in the New Hampshire House have introduced a Paid Leave Mandate p…
Read More
December 17, 2025
NFIB Announces Top Six Legislative Priorities in 2026
Containing costs, preventing further lawsuit abuse, paying off state’s UI…
Read More