The Texas Legislature, now in yet-another Special Session, want to increase the sales tax (even a first year economics student understands that as a regressive tax) and lower the property tax. Since most (60%) of Dallas residents live in apartments and don't directly pay property tax, they won't notice when the apartment owners get a decrease. Raise your hand if you think the apartment owners will decrease rent when that happens.
Unrelated: Chase, Citi and
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