In order to curb the growth of government spending, Texas’ constitutional tax and expenditure limit (TEL) must be improved. This perspective examines some ways the Legislature can strengthen the state’s TEL and bring greater fiscal discipline to Texas government.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...