Limited Liability, Unlimited Growth
As residents of high-tax, high-spending regions continue to relocate to the Lone Star State, the virtues of the Texas approach seem self-evident.
As residents of high-tax, high-spending regions continue to relocate to the Lone Star State, the virtues of the Texas approach seem self-evident.
The philosophy that governs Texas’ title insurance regulations veers sharply leftward from this free market model.
The median home sales price climbed 40 percent during the last five years, from $215,000 to $301,500. Meanwhile, BBC Research and Consulting reckons that up to 40,000 low-income households lacked access to rental options within their price range.
Senior Policy Analyst Kathleen Hunker testifies on the hotel occupancy tax before the City of Austin Economic Opportunity Committee
Since its inception, the Texas Public Policy Foundation has emphasized the importance of private property rights, not only as rampart of limited government, but also as the indispensable base of a free market economy as well as the financial success this state has witnessed, thanks to the Texas Model. To that end, the Foundation has conducted repeated inquiries as to quality of Texas’ eminent domain laws, placing special significance on how the government can better thread the needle, which defines the precarious balance between public necessity and individual liberty.
America is exceptional because the men and women who occupy office stand before temptation but accept their limits nonetheless.
Private property, and its respect under the law, represents a foundational principle, solidly anchored to Texas’ longstanding commitment to limited government and a free market economy. It is what allows us, as free individuals, to act upon our ambitions and obtain all the goods and services that give life comfort. In short, property rights are what enable us become self-sufficient.
Private property, and its respect under the law, represents a foundational principle, solidly anchored to Texas’ longstanding commitment to limited government and a free market economy. It is what allows us, as free individuals, to act upon our ambitions and obtain all the goods and services that give life comfort. In short, property rights are what enable us become self-sufficient.
If there’s a problem with the U.S. Constitution today, it’s that the document was so triumphant that Americans forget the genius of its design.
Austin has built its success on a reputation of quirky events and a population willing to settle somewhere new. As currently structured, the hotel occupancy tax deters visitors from enjoying either.
The challenge is being able to afford the price of a hotel, especially when state and local governments insist on foisting heavy taxes on paid room accommodations because they believe it will spur economic growth at little cost to residents.
Congress can now exert sweeping control over how Americans obtain healthcare, education, and housing, even though all things being equal poverty in these areas would be better served by families, communities, and in some cases the states.