Government should not interfere in contractual agreements between two private parties in a market economy. Statutorily limiting parties’ ability to contract in their own interests has an adverse effect on the courts, taxpayers, and consumers in Texas.
Small Towns, Big Tax Increases
The city of Whitesboro ignited a firestorm recently when officials suggested adopting a tax rate that would have skyrocketed the average homeowner’s property tax bill by 61 percent. The initial public hearing to discuss the matter drew hordes of angry Whitesboro residents who voiced their discontent. So much so, in fact, that city councilmembers tabled...