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Learn about the history, duties and current office holder of the Texas Comptroller, who collects and estimates state tax revenue and fiscal management. The web page also lists the previous comptrollers from 1846 to present.
Learn about the history, sectors, and statistics of the second largest economy in the US by GDP. Texas is known for its oil and gas, information technology, aerospace, and agriculture industries, as well as its Fortune 500 companies.
Learn about the state income tax rates, rules, and exemptions for individuals and corporations in the United States. Find out which states have no income tax, which ones tax only dividends and interest, and how they differ from federal taxation.
Franchise tax is a government levy charged by some US states to certain business organizations based on their net worth or capital. Learn how nexus is determined by physical or economic presence tests, and how franchise tax relates to corporate income tax.
Texas is a majority Republican state with Republicans controlling every statewide office since the 1990s. The article traces the history of Texas politics from the 19th century to the present, including the Democratic dominance, the civil rights movement, and the increasing Republican strength.
A "Tax Exemptions and Tax Incidence Report" prepared by the Texas Comptroller in November, 2020, estimated that limitation agreements would reduce school districts revenues by $916 million in 2022, and over $1 billion in 2023. [8]
John Sharp is a Democratic politician from Texas, who has been the chancellor of the Texas A&M University System since 2011. He also served as the comptroller, railroad commissioner, and state senator of Texas, and ran for lieutenant governor twice.
Glenn Hegar is the Texas Comptroller of Public Accounts and a former Republican state senator. He is a conservative who opposes abortion and supports fossil-fuel industry, and has been re-elected three times since 2014.