Texas’ franchise tax was expanded in 2008. With four years’ experience in collecting what is referred to as the “margin” tax, it is clear that abolishing the margin tax is the right “fix” for Texas.
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Chuck DeVore is the vice president of national initiatives at the Foundation. He writes about the economy and how energy, tax and regulatory policies influence general prosperity, and he frequently appears on Fox News. He also guides the Foundation’s growing national work in criminal justice reform. He authored the book The Texas Model: Prosperity in the Lone Star State and Lessons for America.
James Quintero is the policy director for the Texas Public Policy Foundation’s Government for the People campaign. Since joining the Foundation in 2008, Quintero has focused extensively on: state & local government spending, taxes, debt, public pension reform, annexation, and local regulations.
Texas’ franchise tax was expanded in 2008. With four years’ experience in collecting what is referred to as the “margin” tax, it is clear that abolishing the margin tax is the right “fix” for Texas.
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The current state of local government bureaucracy and regulation has led to swelling budgets. This places an increasing tax burden on Texans in a time where affordability across nearly every sector is a major issue. Key points: The federal Department of Government Efficiency (DOGE) has used a wide array of resources to achieve its objectives....
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...
Going Medieval on Education Technology Key points: Texas schools have acquired millions of one-to-one devices for use as educational technology. These devices are used for instruction, practice, assessment, and independent study. Significant evidence suggests that using screens reduces students’ reading ability, and the evidence for other subjects is mixed. Exposure to screens also risks harm...