This paper provides a statistical analysis of the relationship between state tax policy and state economic growth rates. The study concludes that the more rapidly taxes rise with increases in income, the lower the state’s economic growth rate.
Higher Taxes on the Horizon: City of Early
Many city, county, and school district officials are right now deciding where to set tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for families struggling with affordability. Given the very real prospect of tax hikes on the horizon, now is the time for Texans to learn what their local elected officials are doing and get involved in the decision-making process—while there’s still time to push for taxpayer-friendly alternatives. To better illustrate what may be around...