Overall, Texas’ tax burden is considered one of the lowest in the country. But that image is shattered when one considers the state’s effective business tax rate, based on Gross State Product, is the seventh highest rate in the nation. This policy perspective examines the harm that comes from relying on “business” taxes.
Economy
What the Private Sector can Teach the Public Sector about Efficiency
Recently, former President Trump floated the idea of creating “a government efficiency commission a federal commission to audit the entire federal government.” And even better, he suggested putting Elon Musk in charge of the commission, saying he is a great “cost-cutter.” Unleashing a commission of this nature on the federal government, led by a titan...
October 17, 2024