March 2007

Lower Than Expected Business Tax Revenues No Reason to Raise It

Comptroller Susan Combs this week estimated that the new state business tax on gross revenues would bring in $500 to $800 million less than expected. This estimate is based on voluntary submissions made by many affected businesses. However, many business, particularly...

Protecting Texas’ Free Market

For the last decade, Texas has been the national leader in making moves toward substantive, free-market reforms as means to solve problems and improve the quality of life.   T exas’ accomplishments have played an important role in helping other states, and even...

Rep. Hancock Seeks Death Penalty for Unused Life Insurance Tax

Representative Kelly Hancock , a Tarrant County Republican, has filed House Bill 1849 that will eliminate a tax imposed by the Texas Department of Insurance to Texas life insurers that now serves no purpose. In 2007, the state of Texas will collect $8.9 million in...

Messing With Your Business

We know now that the state’s Texas Youth Commission was obscenely managed. The Texas Lottery was a scandal ridden mess a while back. The abuses of the Children’s Health Insurance Program are a lesson in lunacy. Name a government agency, and it’s been scandal...

Where There’s Smoke, There’s A Tax

  Nothing is worse than having a fire, with no way to put it out. There is a clear public purpose to be served in using tax revenues to fight fires. That's why people can, with a local vote, implement an Emergency Services District. These districts levy property...