With the Texas legislature now in session, calls for increased taxes are being sounded by the advocates of numerous programs. Taxes are being proposed on businesses, “the rich,” and other sources. But because all taxes are shared, everyone is negatively affected.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...