Governments in Texas duplicate many of the commercial services sold by the private sector; for use in their own operations and sold to taxpayers. State and local governments are now in the business of selling electric power, providing internet service, processing solid waste, operating toll-roads, running print shops, managing vehicle fleets, dispensing information technology, and vending a plethora of other services. It is estimated government competition accounts for nearly $20 billion dollars annually, the equivalent of three percent of the gross state product. The business of government has disastrous impact on the state economy and all taxpayers.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...