Texas’ TEL is flawed and needs to be improved. One such improvement is to limit the growth of all state and local government spending to population growth plus inflation. Ultimately, taxpayers shoulder the burden of paying for government; therefore, government should shoulder the burden of protecting the taxpayer.
Higher Education Subsidization: Why and How Should We Subsidize Higher Education?
We provide massive college subsidies at both the federal and state level. This paper explores the justifications for these college subsidies, subsidy design considerations, and evaluates the main subsidy programs to assess whether they are well-designed. Our evaluation discovers reasons to eliminate some subsidies and ways to improve other subsidies. Key points: Subsidies for higher...