Testifying before the full Select Committee on Public School Finance, Dr. Vedder outlined the relative merits of revenue options, but also urged legislators to exercise caution in making radical changes to the state’s tax system.
Water Markets in Texas
Texas water law should be updated to embrace free market transactions that have been incorporated into other Texas statutes governing markets such as electricity, telecommunications, and insurance. Key points: The best instrument for optimizing allocation of scarce water resources is the exercise of private property rights in a competitive marketplace, otherwise known as a water...