Texans face an affordability crisis with inflated bills, diminishing savings, and a looming U.S. recession. While this is mostly the result of Washington’s irresponsible policies, Texas governments can help by using massive surpluses to dramatically reduce the sixth most burdensome property tax system in the nation without harming the delivery of core services. The Foundation’s Lower Taxes, Better Texas plan accomplishes this by lowering maintenance and operations (M&O) property tax bills while adequately funding core services.
Spain’s Crisis is America’s Reminder—and Warning
Americans watching the events unfolding in Spain today should resist the temptation to dismiss them as Europe’s problem. In just a matter of hours, thousands of migrants crossed from Morocco into Spain’s North African enclave of Ceuta last week, overwhelming local authorities and prompting officials to plead for emergency assistance. These events follow a recent...