Texas raises combined sales tax rate by 1.5% by end of 2027

Texas, already 86.6% reliant on sales taxes, will increase its combined state-local sales tax rate to 9.3% by December 2027 due to budget pressures and voter demand for infrastructure. The move aims to offset declining oil revenues and maintain public services without income taxes.

macro · Prediction Market

Implied probability (Yes)

70%

Closes

2027-12-31

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