Texas raises sales tax rate above 7% by 2027

Texas, already highly reliant on sales taxes for 86.6% of revenue, will increase its sales tax rate from the current 6.25% to over 7% by March 2027 due to budget deficits exacerbated by rising federal tax pressure and demographic shifts.

macro · Prediction Market

Implied probability (Yes)

72%

Closes

2027-03-15

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