Financing the state’s huge appetite for roadways and infrastructure will certainly be challenging. Texas will either have to raise taxes-a bad move in any economy, but an even worse policy decision in today’s souring economic environment-or look to alternative funding methods. One such method: public-private partnerships (PPPs).
Restoring Private Property Rights: Regulatory Takings
Municipal regulations like zoning ordinances can infringe on private property rights and distort the housing market. Key points: Private property rights are under threat from municipal zoning ordinances and design mandates. Texas law has failed to adequately protect property owners from regulatory takings. By closing the municipal loophole, Texas can be the national leader in...