There is no shortage of publications purporting to show that immigrants represent a drain on our economy in the form of lost jobs for Americans, increased spending on social welfare programs and law enforcement, and lost tax revenue. On the other hand, there is also a plethora of research finding that immigrants are a vibrant source of economic growth, and are largely law abiding taxpayers who contribute more than they take to government coffers.
Taxes & Spending
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...
June 25, 2026