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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In 2013, the Obama Administration offered “Housing First” as the means to end homelessness in 10 years. Over a decade later, homelessness is more prevalent than ever, and taxpayers have been financing ever-increasing funding to programs that are failing to achieve their stated goal of ending homelessness. Key points: The “Housing First” approach was proposed...
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...
Texas governments received $84.3 billion in federal funding in 2023, raising concerns over financial dependency and regulatory consequences. Creating an Office of State Sovereignty to monitor the application, receipt, and conditions of this aid could mitigate fiscal risk and improve transparency. Key points: Texas lacks a centralized system to oversee federal grants potentially flowing to...