In recent years, tax and expenditure limits – legal limits on how fast government spending and taxes can grow each year based on some measure of economic activity – have received increasing attention at the state level as a result of the success of Colorado’s Taxpayers’ Bill of Rights. Not all tax and expenditure limitation measures are created equal: Texas’ is one of the least effective in the nation.
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...