Ginn: Texas has added jobs in all wage quartiles over this period "Ó unlike other states "Ó with the top two quartiles accounting for 55% of net new jobs. Texas is adding quality jobs.
An Overview of the Business Franchise Tax: 2023 – 2027
Texas’s business franchise tax is costly, complicated, and time-consuming to observe. Its negative and distortionary effects should motivate policymakers to eliminate it entirely. Key points: Because of the substantial costs, large and small business owners can often spend more on compliance than on paying the franchise tax itself. Phasing out or repealing the tax altogether...