Texas is the envy of the world with its critical assets. In energy, health, communications, and high tech sectors, the Lone Star State’s prowess with critical infrastructure makes it a remarkably hot target for hostile foreign adversaries like Russia, China, and Iran. Notably, there has been a 5,220% increase in cyberattacks in the US over the last two decades, with nearly 2/3 of critical infrastructure attacks levied by state-affiliated, hostile actors. The frequency and sophistication of attacks continues to grow as society becomes more digital, and the emergence of new AI tools enhances the capability, motivation, and opportunity for threat actors to successfully infiltrate targets.
Taxes & Spending
An Overview of the Business Franchise Tax: 2023 – 2027
Texas’s business franchise tax is costly, complicated, and time-consuming to observe. Its negative and distortionary effects should motivate policymakers to eliminate it entirely. Key points: Because of the substantial costs, large and small business owners can often spend more on compliance than on paying the franchise tax itself. Phasing out or repealing the tax altogether...
June 25, 2026