This presentation covers the subject of runaway growth in state criminal law and was presented at the North Carolina Capitol on May 29, 2014 by Marc Levin, director of the Center for Effective Justice at the Texas Public Policy Foundation.
Taxes & Spending
An Overview of the Business Franchise Tax: 2023 – 2027
Texas’s business franchise tax is costly, complicated, and time-consuming to observe. Its negative and distortionary effects should motivate policymakers to eliminate it entirely. Key points: Because of the substantial costs, large and small business owners can often spend more on compliance than on paying the franchise tax itself. Phasing out or repealing the tax altogether...
June 25, 2026