The Texas Public Policy Foundation’s chief economist has calculated that the current franchisetax can be eliminated, and the school property tax cut 25 cents, without creating a new tax. This document is intended to offer a viable alternative to the current CSHB3. Texas PublicPolicy Foundation research shows that business taxes – such as on payroll, gross receipts,business activity, and business income – will negatively affect the Texas economy and slow jobgrowth. This plan includes no tax on business, and eliminates the hated business franchise tax.
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem
Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...