New law closes massive tax loophole that allowed developers to avoid paying millions

Name: New law closes massive tax loophole that allowed developers to avoid paying millions
Uploaded: 2025-05-29T22:14:00-0500
Duration: 3 min 31 s
Description: CBS News Texas discovered four small Texas cities (Pecos, Pleasanton, Edcouch, and La Villa) and two small counties (Maverick County and Cameron County) – none of them within three hundred miles of the metroplex - have used their HFCS to give North Texas developers huge tax breaks in exchange for money.

CBS News Texas discovered four small Texas cities (Pecos, Pleasanton, Edcouch, and La Villa) and two small counties (Maverick County and Cameron County) – none of them within three hundred miles of the metroplex - have used their HFCS to give North Texas developers huge tax breaks in exchange for money.