Given high taxes are always and everywhere a spending problem, whichever path is chosen must be paired with limiting government spending and property tax reform to put limitations on tax increases of at most 2.5 percent by local tax jurisdictions. By combining property tax reductions and reform with spending limitations, Texas could shift to a more efficient and fair sales tax-dominated system. In this way, Texans can be assured meaningful, lasting property tax relief and an improved Texas Model that will sustain economic prosperity for generations.
Overview of the RESTART Act
In May, U.S. Senators Bennet (D-CO) and Young (R-IN) introduced the RESTART Act (S. 3814) to provide increased flexibility to the Paycheck Protection Program (PPP). It also would establish a new lending program for small and medium-sized businesses to cover up to six months of operating expenses for those hit hardest by the economic fallout...