The legislature may not impose a tax based on the wealth or net worth of an individual or family, including a tax based on the difference between the assets and liabilities of an individual or family.
(Added Nov. 7, 2023.)
WEALTH TAX PROHIBITED
Tex. Const. art. 8, § 25, under Taxation and Revenue.
Tex. Const. art. 8, § 25
WEALTH TAX PROHIBITED