Texas raises sales tax rate above 7% by 2027
Resolves: Texas implements a state sales tax rate increase to 7.0% or higher as confirmed by Texas Comptroller or legislative records.
user-generated· macro
Texas raises sales tax rate above 7% by 2027
Market overview
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
About this prediction
Resolution criteria
Texas implements a state sales tax rate increase to 7.0% or higher as confirmed by Texas Comptroller or legislative records.
Source: user-generated
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