After working closely with state policymakers on landmark legislation to overhaul the Texas Youth Commission (TYC), the Texas Public Policy Foundation is pleased to share with the Sunset Advisory Commission key research and recommendations as it reviews both TYC and the Texas Juvenile Probation Commission.
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