Early property taxes were generally paid by farmers and were imposed mostly on land throughout the medieval era. These days, property taxes are also imposed on assets such as real estate, and they are paid periodically by individuals or organizations.
Texas still has a lot of money coming in, and cutting property taxes is a top goal for the Lone Star State. But the most recent legislative session finished in a stalemate because the Senate and the House of Representatives couldn't agree on how to lower property taxes. The current special sitting of the legislature seems to be stuck as well.