This paper provides a statistical analysis of the relationship between state tax policy and state economic growth rates. The study concludes that the more rapidly taxes rise with increases in income, the lower the state’s economic growth rate.
SAISD is to Blame for Its Budget Mess
Earlier this week, San Antonio ISD officials complained that “tough decisions” lie ahead as budget deliberations began in earnest. Some even lamented that, absent drastic action, SAISD would be forced into “cutting hundreds of staff positions” across the district. The source of district’s budget woes, according to the superintendent, was three-fold: “stagnant state funding, declining...