This brief is based on testimony presented before the Senate Finance Committee, March 15, 2006. Foundation chief economist Byron Schlomach, Ph.D., provides a sound case for why Texas should move more toward consumption taxes and away from distorting taxes like the franchise tax.
Taxes & Spending
Which Local Governments Want to Borrow Big this May?
On May 4, 2024, voters across Texas will go to the polls to say YEA or NAY to billions in new debt put forward by various local governmental entities. Most, if not all, of these bond proposals will put some upward pressure on people’s tax bills, so it’s important that voters keep alert as to...
April 10, 2024