Mandates are no doubt well intentioned, but the unintended consequences are significant.Mandates make health insurance and health care more expensive. The more expensive, theharder it is for business and individuals to afford. The more difficult to afford, the morebusinesses drop health insurance coverage and individuals decide to forego coverage, causingthe rate of uninsured to rise.
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