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.
Taxes & Spending
May 2026’s Top 10 Most Expensive School Bonds
Next month, independent school districts (ISDs) will, again, ask voters to approve massive new borrowing schemes that threaten to unleash a wave of tax hikes and bigger bureaucracies. These fiscal excesses appear widespread too. Taxpayers in nearly 60 different counties will decide on one or more of the 109 individual propositions up for a vote this election cycle, according to the Texas Bond Review Board’s (BRB’s) bond election database. If these measures are entirely successful,...
April 21, 2026