From 2009-17, the Environmental Protection Agency (EPA) carried out “a regulatory spree unprecedented in U.S. history”—in scope, stringency, and costs, and with highly questionable justifi- cation. The costs of EPA rules dwarf the costs of all other executive branch agencies by a huge margin, accounting for $23 billion of $26 billion total regulatory costs in 2010. While the national econ- omy has been impaired, Texas’ prominent industrial and energy sectors were disproportionately affected.
Taxes & Spending
Eliminating the School M&O Property Tax
Texas has some of the highest property taxes in the nation. In 2014, the Tax Foundation reported that Texas had the sixth highest effective property tax rate. In 2016, more than 5,100 local tax jurisdictions levied $56.1 billion in property taxes, or $2,000 on average for every Texan—man, woman, and child. And property taxes continue...
September 1, 2018