For further information, this link opens the full Texas GOP 2016 Platform. Item 175 follows.
Tax Burden- We in the Republican Party of Texas believe in the principles of constitutionally limited government based on Federalist principles. To this end we encourage our elected officials at all levels of government to work to reverse the current trend of expanding government and the growing tax and debt burdens this places on we the people. We believe the most equitable system of taxation is one based on consumption and wish to see reforms towards that end at all levels of government Furthermore, we believe that the borrower truly is a slave to the lender, and so long as we continue to increase our tax and debt burdens we will never be a truly free people.
Towards these ends, we support the reformation of the current systems of taxation at all levels of government: federal, state, and local. Examples of these reforms include the following:
1. Eliminating the Internal Revenue Service (IRS)
2. The “Fair Tax” system
3. A Flat Tax
4. The 1-2-3 No Federal Tax
5. Abolishing property taxes, but in the interim, property taxes should be paid on the price of the property when it was initially purchased.
6. Electing appraisal boards
7. Exempting inventories from property taxes
8. Abolishing estate taxes or the “Death Tax” as it’s more commonly known
9. Abolishing capital gains taxes
10. Abolishing franchise and business income taxes
11. Abolishing the gift tax.
12. Discontinuing revenue-generating licensing fee
State Income Tax Ban– We support maintaining the current ban on state income taxes in Texas.
Real Estate Transaction Tax -We oppose any creation of a real estate transaction tax.
Bond Elections– State and local bond election ballots should be required to include the amount of debt currently outstanding, current debt service payments, current per capita debt obligations, the amount of new debt being proposed, estimated debt service for the new debt, and estimated per capita burden being proposed. Any bond election (state or local) must pass with at least a 2/3 majority of voters to affirm the bond. The bond issue must obtain a yes vote of a minimum of 20% of registered voters. All elections of personnel responsible for adopting a budget and a property tax rate and all elections involving bond indebtedness shall be held on the November uniform election date and administered by the County Clerk or the County Elections Administrator. Any government entity should not spend taxpayer dollars in promoting further indebtedness or spending of taxpayer dollars via mass media. We oppose bundling of items on bond election ballots.