Month: January 2021

In late January, news broke that Samsung is seeking a 100 percent tax rebate from the City of Austin for more than 20 years in exchange for building a $17 billion facility within its borders. As more continues to unfold concerning the proposal, Texans for Fiscal Responsibility highlights three things both taxpayers and policymakers should…

A big technology company is seeking big-time tax incentives in order to make a big investment in the Texas’s capital city. On Thursday, Community Impact’s Christopher Neely reported Samsung Semiconductor is seeking a 100 percent tax rebate from the City of Austin for more than 20 years in exchange for building a $17 billion facility…

The LBB explained in a way that taxpayers can understand.

Following the release of budget proposals by the Texas House and Texas Senate, Texans for Fiscal Responsibility president Cary Cheshire released the following statement: “In light of the continued government shutdowns negatively affecting Texans and the Comptroller’s projection of a revenue shortfall, it’s encouraging to see lawmakers forgo tax increases and refrain from raiding the…

Compared to most states, Texas is among the most business friendly with no tax on personal income, fewer regulatory barriers relative to many of its neighbors, and an engaged and enterprising workforce. However, the state could be even more business and taxpayer friendly if it halted its effort to be friendlier to a few, at…

The Texas state budgetary process from start to finish in a way taxpayers can understand.

With no say in the matter whatsoever, taxpayers across the state have been forced to foot the bill for lobbyists’ advocacy efforts in the Texas Legislature. Worse yet, these tax dollars are spent advocating for policy positions that are often at direct odds with the interests of the taxpayers who fund them. Across Texas, many…

Thanks to the effort of a number of conservatives in the Texas House, a number of anti-taxpayer rule proposals were defeated. However, a majority of lawmakers unfortunately prevented many positive changes from being adopted on the floor. On Thursday Texas House lawmakers passed HR 4, a resolution establishing their rules for the 87th Texas Legislature….

After lawmakers were sworn in, TFR sent the following message to every member of the Texas Legislature congratulating them on their election and informing them about the Fiscal Responsibility Index. Dear Legislator, Congratulations on your election to the Texas Legislature!  Regardless of whether you are Republican or Democrat, a returning lawmaker or a newly-elected legislator,…