News and Commentary

NewsState

Appropriations Committee Member Seems to Not Understand Basic Market Economics

The Texas House Appropriations Committee met Wednesday in what is likely to be the last public hearing they have before the next legislative session, which is set to begin in January of 2023. One of the items discussed was an…

Podcast - Taxpayer Talks

Episode 13: Kyle Biedermann & Texas House Appropriations Committee

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we highlight some of the more interesting points to come out of our recent interview with Texas Republican State Representative Kyle Biedermann, as well as the recent Texas House Appropriations Committee…

Commentary

Slowing the Growth Is a Losing Strategy for Taxpayers

For all of Texas’ economic successes, the ever-increasing property tax burden on Texas taxpayers casts a long and dark shadow. In 2021, the Tax Foundation reported that Texas had the sixth most burdensome property tax in the United States. Just…

NewsState

No… We Don’t Need More Corporate Welfare in Texas

It never seems to amaze me how often “conservative” politicians are willing to give your money over to corrupt corporations in the form of corporate welfare. Recently, disgraced former Speaker of the Texas House of Representatives Dennis Bonnen (then-state representative…

Podcast - Taxpayer Talks

Episode 12: BONUS EPISODE: Texas State Representative Jeff Cason

Episode Description πŸ’° In this bonus episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we talk with outgoing Republican Texas State Representative Jeff Cason about fiscal issues facing Texas including the property tax and the appetite in the Texas Legislature to address them, his…

Podcast - Taxpayer Talks

Episode 11: Jeff Cason, Quid Pro Joe and a Political Culture of Spending

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we highlight some of the more interesting points to come out of our recent interview with Texas Republican State Representative Jeff Cason, the recent “Quid pro-Joe” scandal regarding Saudi Arabian oil,…

Explainers

Explainer: What Is Keynesian Economics?

Oftentimes when operating in the world of fiscal policy, economists use certain terms and phrases and simply gloss over them, not realizing that everyday taxpayers may not understand. A number of these come up from time to time, and I…

NewsFederal

Biden Caught in Another ‘Quid Pro Joe’

Where is the outrage for the many obviously corrupt business and political dealings of Joe Biden? In the last week, the government of Saudi Arabia made public that U.S. President Joe Biden was engaged in yet another quid pro quoβ€”or,…

Podcast - Taxpayer Talks

Episode 10: BONUS EPISODE: Bill Peacock, Host of The Liberty Cafe Podcast

Episode Description πŸ’° In this bonus episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we talk with Bill Peacock, host of The Liberty Cafe Podcast and curator of ExcellentThought.net about fiscal issues facing Texas including what changes, if any could benefit the state budgeting…

Podcast - Taxpayer Talks

Episode 9: Bill Peacock, Local Government Property Tax Loophole & Election

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we highlight some of the more interesting points to come out of our recent interview with Bill Peacock, we discuss a loophole local governments are exploiting related to setting property tax…

NewsFederal

Inflation Increase Is More Than Expected

Consumer Price Index (CPI) data for the month of September was released Thursday morning, and with it came more bad news with regard to our economic outlook. Inflation (year over year) came in at 8.2%. Though this is down from…

Commentary

Texas Taxpayers Weigh Concerns Ahead of November Election

With only a month before the November general election, we surveyed subscribers of our weekly email, The Fiscal Note, about the issues they consider most likely to impact their decisions at the ballot box. The question posed to subscribers of…

NewsState

Cities Using Loophole to Raise Taxes Without Approval Elections

Many taxpayers have reached out to us regarding cities and other local political subdivisions raising taxes beyond their voter approval thresholds without triggering an election. Many have wondered how this is possible after the supposed “historic property tax reform” of…

NewsFederal

Yet Another Somber Debt Milestone

$31 trillion. Written another way, $31,000,000,000,000. Sadly, milestones like these seem to have become all too regular. They are almost as certain as the political theatre performed by the U.S. Congress every few months over whether or not to raise…

Podcast - Taxpayer Talks

Episode 8: Texas Gubernatorial Debate & Property Taxes

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we discuss the recent and only Texas Gubernatorial Debate and more specifically the candidate’s thoughts on property tax in Texas, as well as a Texas House Appropriations Subcommittee which was apparently…