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.
Higher Taxes on the Horizon: City of Waller
Many city, county, and school district officials are right now deciding where to set tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for families struggling with affordability. Given the very real prospect of tax hikes on the horizon, now is the time...