High housing costs, inflation bite into Texas sales tax growth

  • Texans are spending a larger share of their budget on housing and food, costs that largely don’t generate sales tax revenue, representatives with the state comptroller’s office said Tuesday. Credit: John Jordan/The Texas Tribune
    Texans are spending a larger share of their budget on housing and food, costs that largely don’t generate sales tax revenue, representatives with the state comptroller’s office said Tuesday. Credit: John Jordan/The Texas Tribune

    “High housing costs, inflation bite into Texas sales tax growth” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues.

    It’s more expensive to live in Texas than in previous years, and the cost of living is making it harder for the state to generate much-neede…