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.
FAFSA SNAFU, but Not FUBAR
Millions of potential and current college students fill out the Free Application for Federal Student Aid (FAFSA) every year. In 2020, Congress passed a law updating the FAFSA and the aid formulas for 2024, but the Department of Education’s (ED) release of the new FAFSA has been a fiasco. Despite having three years to prepare,...