Even though the historic tax reform took effect only recently, almost 450 businesses nationwide have announced “pay raises, bonuses, utility rate cuts, or 401(k) hikes,” according to a detailed list maintained by Americans for Tax Reform. The pay and benefit increases have helped pad the pocketbooks of an estimated 4.2 million working Americans —...
A new report from the Texas Monitor is raising some serious questions about taxpayers and public pensions. In 2016, Carolyn Foster, Grand Prairie ISD’s former chief financial officer, was arrested and later convicted of stealing $600,000 from the district. That money was originally slotted to go toward “awards to teachers and other needs”, but instead...
On Tuesday, Think Local Liberty’s Bryan Mathew appeared on FOX 7 to point out some of the many flaws with Austin’s paid sick leave ordinance, which is expected to be voted on tomorrow. “When we have a regulatory environment where many firms are able to enter and compete, you’ll see that they start to compete...
Criminal justice reform is a prominent issue in the public square, capturing the interest of both ends of the ideological spectrum, as well as celebrities, think tanks and even the White House. Propelling this issue forward, both nationally and in the Lone Star State, is a recognition that change is needed. Especially when it...
Speaking at a news conference last month, Gov. Greg Abbott lambasted Texas’ broken property tax system, expressing the kind of frustration and fatigue that have become familiar to us all. “Texans are fed up with property taxes being raised with impunity. They are tired of endless government spending while honest, hard-working people struggle just...
Shoppers might soon discover that the grocery store is less expensive and more convenient. Two weeks ago, the Texas Supreme Court heard oral arguments in a case questioning the legitimacy of municipal bans on plastic bags. If justices reaffirm an appellate court ruling, consumers will be unburdened from this clear example of government overreach....
After a short period of decline, public pension debt is once again piling up in the Lone Star State. According to a November 2017 report from the Pension Review Board, unfunded liabilities, or the gap between promised benefits and the funds on hand to make good on those promises, among state and local pension plans...
Congress just passed the most sweeping tax reform package in a generation, helping unshackle the U.S. economy and ease the burden on working families. That’s nothing short of a home run — and the Texas Legislature should take note. When state lawmakers return to Austin in 2019, there’ll be plenty of opportunities to revamp...
Yesterday, the American Legislative Exchange Council (ALEC) published a startling new report on the deteriorating condition of U.S. public pension systems and warned that: “Absent significant reforms, unfunded liabilities of state-administered pension plans will continue to grow and threaten the financial security of state retirees and taxpayers alike. The fiscal calamity could be far deeper...
Over the past 12 months, Texas’ public policy landscape has undergone some big changes, especially when it comes to local governance. Take the issue of local control, for example. For years, powerful special interest groups representing cities, counties, and school districts at the Capitol have advanced their interests by arguing that local control is...
Texas, like much of the country, is halfway through the fifth enrollment period for the Affordable Care Act — and as in years past, the occasion serves as a reminder that the law is in critical condition. That the ACA is ailing is uncontestable. Insurers are fleeing the exchanges, enrollment is shrinking, and premiums...
Hurricane Harvey is sure to test the mettle of incoming Texas legislators. When lawmakers reconvene in January 2019, the state’s revenue picture is likely to be a little gloomier than usual, given that total losses from the storm could reach $190 billion. Even if the economic impact doesn’t hit revenues hard, Harvey will force...