Failures of the margins tax and calls by Texans and legislators to eliminate it have resulted in multiple studies that examine the economic effects of accomplishing this. Although these studies use different research methods and time periods, the overarching conclusion is that Texas would prosper more without the margins tax. Eliminating the margins tax will assure that billions in new personal income and tens of thousands of new jobs for Texans statewide are not lost.
May 2026’s Top 10 Most Expensive School Bonds
Next month, independent school districts (ISDs) will, again, ask voters to approve massive new borrowing schemes that threaten to unleash a wave of tax hikes and bigger bureaucracies. These fiscal excesses appear widespread too. Taxpayers in nearly 60 different counties will decide on one or more of the 109 individual propositions up for a vote this election cycle, according to the Texas Bond Review Board’s (BRB’s) bond election database. If these measures are entirely successful,...