Texas’s business franchise tax is costly, complicated, and time-consuming to observe. Its negative and distortionary effects should motivate policymakers to eliminate it entirely. Key points: Because of the substantial costs, large and small business owners can often spend more on compliance than on paying the franchise tax itself. Phasing out or repealing the tax altogether...
Open Enrollment Season is upon us. It’s that time of year where employees, self-employed, businesses, and local governments start crunching numbers to see how much health insurance will cost next year—and, surprise of surprises, the answer is almost always “a lot more.” Worse yet, the Federal Budget impasse and Government shutdown over ACA healthcare subsidies...
State Sen. Tan Parker used a recent appearance on The Arena with Greg Sindelar to argue that Texas is entering a decisive period—one in which cyber defense, artificial intelligence, financial markets, transportation and traditional family values will determine whether the state continues to lead the country. Parker framed public service as “ministry” and said his...