Income taxes act as a significant drag on personal income growth. Real personal income growth was more than twice as high in low- or no-income tax states, compared with the states with the biggest increase in tax burden. Income taxes also have a clear effect on population growth, which helps fuels tax revenue.
Energy & Environment
Texas Needs To Fix Its Energy Strategy
Texas is America’s manufacturing and energy export powerhouse. If the Trump administration envisions a true American energy renaissance on the horizon, Texas must lead. But before Texas can lead, it must get its own grid in order. Decades of federal and state subsidies—the latter now thankfully dead—have powered an overinvestment in periodic wind and solar...
April 28, 2025