Texas is generally well-regarded for its low taxes, but there is always room for improvement. Here are 10 ideas to improve Texas’ tax system and make the state a more attractive environment for jobs and investment.
Without True Local Control, Pension Problems Spiral
The 45th Legislature established the Texas Local Fire Fighters Retirement Act (TLFFRA) in 1937 to create local retirement systems for the benefit of full-time, part-time, and volunteer firefighters in participating cities. At the time, lawmakers intended to create a general governance structure while still “leav[ing] administration, plan design, contributions, and specific investments to each system’s...