This perspective provides a comparison of two types of taxes–consumption vs. business–and their effects on the state economy. It finds that all taxes are not created equal and they produce very different incentive effects on the state’s long-term economic health.
New Braunfels ISD’s Staffing Decision Hints at a Larger Problem
Last week, New Braunfels ISD trustees committed to spend $4.3 million to fund 70.5 full-time positions in perpetuity. While the district’s staffing decision might seem unimportant at first, it actually hints at a large and growing problem becoming increasingly common in local budget matters. See, 26 of the 70.5 full-time positions were originally funded through...