This classic tale of good intentions gone awry is a sober reminder that government’s ability to tax and spend, regardless of size or amount, is not to be treated lightly. For if we do, we risk violating the principles enshrined in the Constitution and the values of sound reason and commonsense.
Toward a More Well-Informed Citizenry
The 86th Texas Legislature sought to enhance public debt transparency through the creation of Voter Information Documents (VID). However, this instrument is not accurately providing debt amounts and needs reform. Key points: Governments are manipulating the VID methodology to deny voters accurate tax impact estimates. Many VIDs are dissimilar, making comparative analysis challenging. There is...