“A rising tide lifts all boats.” Jack Kemp understood that economic growth was the key to human flourishing. This is achieved with an institutional framework that provides economic opportunities for people across the income spectrum. This happens best in free market capitalism. Socialism, on the other hand, fails everyone. The Bureau of Labor Statistics (BLS)...
One of the most difficult challenges facing occupational license holders in America is the lack of reciprocity. If license holders move to another state, their licenses don’t follow them, due to differing requirements. This can cause upheaval for any family. The loss of income for a parent can be detrimental to a family. Training requirements...
Benjamin Franklin said “By failing to prepare, you are preparing to fail.” It makes sense to prepare for the unexpected. That was the purpose of Texas’ Economic Stabilization Fund (ESF), also known as the state’s “Rainy Day Fund.” But there are efforts this session to abuse the ESF by excessively growing government. The ESF receives...
A recent University of Texas/Texas Tribune poll shows that 72 percent of Texans support “requiring local governments to ask voters before raising property tax revenues more than a set amount.” This support was on display during recent public hearings on nearly identical bills in Senate Bill 2 and House Bill 2, both of which would...
The 86th Texas Legislature has started the session at full speed, much like the Texas economy that’s based partly on a thriving oil and gas industry. In fact, oil and gas production continues to reach new heights. And with these new heights means more severance taxes into the state’s rainy day fund (technically the Economic...