Policy for Affordability and Economic Security
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Reforming Taxation with a Fair Flat Wealth Tax
We will replace our burdensome, ever-increasing property taxes with a simplified, fair tax structure that protects homeownership and ensures no one is taxed out of their own home.
- Simplifying the Code: We will replace complicated, regressive sales and property taxes with a simple, easy-to-understand flat wealth tax.
- Closing Corporate Loopholes: This system ensures everyone pays the same fair percentage based on wealth, effectively eliminating the loopholes that allow the richest individuals to avoid paying their fair share.
- Reference: Institute on Taxation and Economic Policy (ITEP)
Empowering Communities with Public Banking
We will establish a Texas-first infrastructure fund that keeps taxpayer interest payments in-state to sustainably finance local schools, roads, and energy projects without enriching Wall Street banks.
- Keeping Money Local: By establishing a public bank owned by the people, the state can borrow from itself instead of private institutions, saving taxpayers massive amounts in interest costs.
- Funding Essential Services: The profits generated will return to the public, allowing us to sustainably finance critical community projects like infrastructure, public schools, and modern energy systems.
- Reference: Federal Reserve Bank of Dallas
Delivering Pragmatic Relief for Working Families
To successfully overhaul our tax and financial systems, it is an absolute necessity to work with whoever is focused on problems, not politics, in Texas communities.
- Protecting Family Budgets: We will systematically remove burdensome taxes so that families can keep more of their hard-earned money and secure their financial independence.
- Community-Led Investments: We will return financial decision-making power to citizens and elected officials, ensuring that our state’s wealth is invested directly into lowering everyday expenses for everyday people.
- Reference: Texas Comptroller of Public Accounts
Housing Security
Housing is a fundamental human necessity. We must stabilize the housing market by capping the number of properties owned by corporate entities and ensuring that renters have access to high- quality, community-oriented housing options.
