Testifying before the full Select Committee on Public School Finance, Dr. Vedder outlined the relative merits of revenue options, but also urged legislators to exercise caution in making radical changes to the state’s tax system.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...