City and county spending has outpaced growth in population and inflation, leading to an increase in the tax burden on Texan taxpayers. Key points: Local government spending continues to outstrip increases in both population and inflation. From 2014 to 2023, local government spending rose by 61.2%, whereas population and inflation increased by only 42.7%. Elevated...
Congress and state legislatures should not shackle prosperity with a carbon tax because it is based on flawed assumptions and results in costly economic and environmental effects. The key points are: A carbon tax is a government-set price on carbon dioxide emissions. An assumption for a carbon tax is the price paid for a final good does not reflect the supposed social cost...
The Carrington Event literally shocked telegraph operators. A repeat could shock an entire civilization into the pre-industrial age. Imagine being a telegraph operator in September 1859. You’re sitting at your station, using cutting-edge technology to tap out messages hundreds and thousands of miles away. Suddenly, brilliant auroras light up the night sky from the tropics...