As a matter of policy, the “best” tax is one that does the least possible harm to the economy and to its citizens. With this in mind, lawmakers should continue to focus on delivering tax relief, while shifting from property taxes to consumption-based taxes for the long term.
Local Government
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...
August 12, 2026