Ridesharing solves a transportation service coordination problem by efficiently matching passengers and drivers at the point of demand; burdensome local regulations, however, have eroded efficiency gains and provided little – if any – benefit to public safety. Additionally, local regulations differ from place to place, hindering the development of a deeper, more competitive market. The Texas Legislature should prohibit any municipal ridesharing or taxi regulations except those related to public safety concerning drivers.
Houston, We Have a Tax Rate Problem
Where have we heard this before? A city adopts a new tax rate that is technically a decrease, but due to rising appraisals, taxpayers will actually end up paying more. This sort of stealth tax increase has become ubiquitous, and now the city of Houston, Texas largest city, becomes the latest jurisdiction hike taxes in...