That’s kind of a short summary of most of the issues with Texas these days. We’re breaking institutions that served us pretty well (not perfect), for the benefit of a handful of people (you and I are not any of those people).
As to schools, it’s not like taxes will go down, they will just be funneled to these bullshit religious schools. I went to one of these schools to avoid the dreaded “bad public school”. It was not a complete education (evolution isn’t real, Jesus walked with dinosaurs) and the voucher didn’t even completely cover cost of admission. My mom regrets it immensely.
From a selfish dollars/cents standpoint, this shift is bullshit for the bottom line. Whereas before your kid could previously get a pretty solid education and social experience (provided you were in a good district), it’s now looking like your taxes will stay just as high (gotta make those 10 rich people more wealthy and Jesus), but you now have to hope you have the honor of paying $30k + per year per kid if your kid is one of the handful that actually gets in to the (increasingly competitive) privates that actually provides a good education. It’s a completely sham and fleecing of the middle and upper middle class.