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THE LATEST FISCAL NEWS

Dive into updates that matter to your family’s wallet. Read about state budget updates, property tax reforms, and efforts to cut government waste.

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Implement Zero-Based Budgeting

Implement Zero-Based Budgeting

As conservatives know, government is an inherently greedy beast. It seizes every opportunity to grow and, in the words of Democrat Rahm Emanuel, it “never lets a good crisis go to waste.” However, in combating the natural trend of bureaucracy to expand, conservatives...

House State Affairs Questions Legality of HB 3

House State Affairs Questions Legality of HB 3

Perhaps the most hotly debated bill of the session thus far is House Bill 3, a proposal by State Rep. Dustin Burrows (R-Lubbock) to expand the executive authority of the governor during a pandemic. In a hearing over the legislation in the House Committee on State...

Hughes Grills Big Tech on Censorship

Hughes Grills Big Tech on Censorship

On Monday, State Sen. Bryan Hughes (R-Mineola), laid out Senate Bill 12 before the Senate State Affairs Committee which he chairs.  Authored by Hughes and several other Senate Republicans, SB 12 seeks to prevent tech from censoring conservatives in Texas. Hughes gave...

Repeal the Business Personal Property Tax

Repeal the Business Personal Property Tax

State lawmakers should repeal the property tax levied on business personal property and inventory. Only eleven states other than Texas levy such a tax. Texas’ onerous property tax system requires that businesses pay taxes on both the land it occupies and its...

Repeal the Franchise Tax

Repeal the Franchise Tax

Over a decade ago, liberal lawmakers in the Texas Legislature from both parties came together and imposed an onerous tax on Texas’ businesses: the state’s franchise tax also known as the gross margins tax. Since its inception, this tedious tax has imposed an...

Eliminate 312 Tax Abatements, Lower Tax Rates Instead

Eliminate 312 Tax Abatements, Lower Tax Rates Instead

Originally implemented in 2001, property tax abatements have exploded as local governments across Texas compete with each other in an endless cycle of targeted giveaways to big business. The time to end this unfair, costly, and crony practice has come. Defined...