Just as Texas has become the national leader in deregulation of telecommunications, it should also become a national leader in reducing telecommunications taxes. The recommendations in this paper would save Texans over $382 million per year. But only if a concerted effort is made to reduce government reliance on these existing tax revenues.
TWIA’s Expanding Reach Raises Fresh Concerns
TWIA has become the leading wind and hail insurer in the catastrophe area. Its position has direct and indirect consequences for Texans statewide. Key points: Since 2020, TWIA has steadily increased its market share in the catastrophe area, raising concerns about scope and cost. TWIA’s quasi-governmental model imposes potential costs on statewide policyholders and private...