Although no one likes to pay taxes, they are an inevitable part of funding core government functions. A policymaker’s challenge is to develop an efficient tax system that provides necessary revenue while doing the least economic harm. A policymaker should take care, however, as not all methods of raising revenue are created equal.
Taxes & Spending
May 2026’s Top 10 Most Expensive School Bonds
Next month, independent school districts (ISDs) will, again, ask voters to approve massive new borrowing schemes that threaten to unleash a wave of tax hikes and bigger bureaucracies. These fiscal excesses appear widespread too. Taxpayers in nearly 60 different counties will decide on one or more of the 109 individual propositions up for a vote this election cycle, according to the Texas Bond Review Board’s (BRB’s) bond election database. If these measures are entirely successful,...
April 21, 2026