Is Texas a “Low Tax” state for business – for many, the answer is no

State and local taxes in Texas take a bigger chunk from large businesses than individuals primarily because of the lack of a personal income tax on consumers and a heavy reliance of higher property and sales taxes, according to the Texas Taxpayers and Research Association, a trade group whose membership includes many of the state’s industries.

According to the group, while individuals pay no state income taxes, the difference is made up on the business side – state and local taxes claim 5.1 percent of businesses output — slightly above the national average. Businesses pay more than half of all property taxes and almost 45 percent of sales taxes, according to the study.