Tax increment financing (TIF) is a public financing tool that uses increased property tax revenue within a designated area—a TIF district—for redevelopment projects. In Texas, a TIF district is called a Tax Increment Reinvestment Zone (TIRZ). TIRZs are governed by Chapter 311 of the Tax Code.
Reining in Federal Spending Through an Article V Convention of States
People often talk about the federal government as if it is set in a bubble removed from time and space, existing outside of the influence of the people. It is often forgotten that this government is made up of people selected from the public and that its authority is derived only from the consent of...