Texas is a national leader in relying on the free market to increase prosperity within its borders. It has arrived at this point because it has relied on the Texas Model of economic development—low taxes, spending, and regulation and a sound civil justice system—more than the traditional, or technocratic, approach where government planners decide what is best for the economy.
Taxes & Spending
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...
April 7, 2026