The economic impacts of gambling have been examined by a large body of national and international research; however, the research findings are mixed. While there is general agreement that gambling can provide large state revenues and that there are socio-economic costs attached to these revenues, researchers disagree about the dollar value assigned to these costs and whether the net fiscal impact is positive or negative.
Taxes & Spending
Texas City Eliminates Their Property Taxes
On September 10, the City of Von Ormy cut its already low property tax rate from $.12 to zero. Von Ormy has had a history of dedication to low, or no taxes, with 2024 being the first time they even adopted a tax rate since 2014. The city approved a zero-property tax rate even as...
September 22, 2026