Due to price-fixing by the state, title insurance in Texas costs $2,663 for a $300,000 home, the fifth highest cost in the nation; $703 above the median price of states with lower prices. 84% of the cost goes for expenses and profit.
Texas’ Business Tax Climate Needs Improving
Texans appreciate living in a state that values liberty, sensible business policy, and, perhaps most importantly, a strong dislike for taxes, which inevitably infringe on the first two values. But, in comparison with other states, Texas is beginning to lose its competitive edge in business climate as noted in the Tax Foundation’s recently released 2019...