Studies have shown that each one percent tax increase lowers output per worker by about two percent. That finding has been confirmed by state-by-state comparisons between high-tax and low-tax states.
Taxes & Spending
Higher Taxes on the Horizon: Highland Park ISD
Many city, county, and school district officials are in the early stages of deciding where to set their tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for family budgets and forcing tough personal choices. Given the very real prospect of tax hikes on the...
June 8, 2026