Veritas, the quarterly publication of the Texas Public Policy Foundation, highlights the Foundation's role in the current 85th Legislature, how the Foundation plans to empower states and restore economic opportunity to all Americans, and how education savings accounts can transform Texan children and families. Veritas also profiles new center directors Chip Roy & Brandon Logan, addresses Millennials and the Minimum Wage, and recaps 2017 Policy Orientation and Visionaries Meeting.
Assessing Tax Trends in the City of Arlington
Does history suggest that property taxes are too high in the city of Arlington? And, if so, have local decision-makers actively helped or hurt the situation? To help answer these questions, let’s review the city’s 2024 Annual Comprehensive Financial Report (ACFR) and gather four types of data—i.e., tax levies, local population, total tax rates, and taxable values—over a 10-year time horizon. Using these audited estimates, we can gauge the growth of government (i.e., tax levy trends), assess its reasonability...