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.
K-12 Education
The Truth About Texas Education Funding
A recent story in the Houston Chronicle misleads readers about Texas education funding. Let’s set the record straight. School choice doesn’t take a single dollar from public schools. The Texas Education Freedom Accounts program, or TEFA, was funded completely separately through an appropriation from General Revenue. Public school funding is at an all-time high of...
October 6, 2026