The Texas Public Policy Foundation’s chief economist has calculated that the current franchisetax can be eliminated, and the school property tax cut 25 cents, without creating a new tax. This document is intended to offer a viable alternative to the current CSHB3. Texas PublicPolicy Foundation research shows that business taxes – such as on payroll, gross receipts,business activity, and business income – will negatively affect the Texas economy and slow jobgrowth. This plan includes no tax on business, and eliminates the hated business franchise tax.
Article V Convention of States: Overview and Model Legislation
Since the adoption of the U.S. Constitution, the power of the federal government has grown beyond the bounds originally envisioned by the Framers. Key Points: Just 16% of Americans say they trust the federal government to “do the right thing.” Federal interference has had life threatening results, especially at the border. Poor federal policy has...