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
Related
April 23, 2026
NFIB Supports Legislation to Increase the Small Business Deduction to 23%
The Small Business Tax Cut Act would build on the success of Congress making the Small Business Deduction permanent
Read More
Related
April 23, 2026
New Tax Proposal Stalls in Illinois House
NFIB testified against the so-called millionaire’s tax in Illinois that would have disproportionately impacted small businesses
Read More
Related
April 22, 2026
READ: Arizona Small Businesses (Nervously) Await State Tax Conformity Deal Before Session Ends
“The Legislature has done its part. Governor Hobbs should finish the job, now, before one more small business owner has to guess about their future.”
Read More
Related
April 20, 2026
New NFIB Op-Ed in Washington Examiner: Small Businesses Need Relief from Rising Gas Prices
WASHINGTON, D.C. (April 20, 2026) In a new op-ed published in the Washington Examiner, Louis Bertolotti, NFIB Principal of Federal Government Relations, urges …
Read More