Corporate Welfare
The Case for Prosperity: Less Government, More Growth in Texas
As Texas faces rising property taxes and record-high government spending, it’s time to reassess the path toward long-term prosperity. Recent data illustrates Texas’ strengths and challenges. In August 2024, Texas maintained a 4.1% unemployment rate, while the state’s GDP grew…
Cecilia Castellano: A Threat to Texas Taxpayers
As the race for Texas State House District 80 heats up to South Texas temperatures, voters face an important decision that could have long-lasting implications for their wallets, their children’s education, and the future of Texas’s economy. After HD-80 incumbent…
The Texas Fiscal Size-Up: What You Need to Know
Introduction The Texas Legislative Budget Board (LBB) publishes the “Fiscal Size-Up” report after every session to comprehensively review the state’s budget and fiscal actions for the biennium. The latest report, covering the 2024-25 budget period, offers crucial insights into how…
Corporate Welfare and the Texas Stock Exchange
New York City, once the unrivaled hub of America’s financial services, is seeing its dominance wane. The New York Stock Exchange (NYSE), a cornerstone of U.S. commerce since 1792, now faces competition from emerging financial centers like Texas. The recent…
Update from RPT Convention!
This week, Texans for Fiscal Responsibility is in San Antonio for the Republican Party of Texas State Convention! We are here educating delegates on “Axe the Tax,” which would prioritize eliminating property taxes in the 2025 legislative session. This plan…
Year-in-Review: Texas Mired in Fiscal (Ir)Responsibility
Explore a pivotal year in Texas politics, featuring a historic budget surplus, the largest spending increase, complex property tax cuts, corporate welfare debates, and the unresolved school choice saga. This comprehensive review sheds light on the major legislative decisions and their implications for the future of Texas.
The Ginn Economic Brief: Texas Economic Situation – November 2023
Texas lost jobs in October and faces major headwinds with a weak U.S. economy and a poor performance by this year’s 88th Legislature. There is a better way. Free-market capitalism is the best path to let people prosper, as it…
Election Results: The Good, the Bad, and the Ugly
Tuesday was election day, and Texans across the State went to the polls to cast their votes on fourteen constitutional amendments, various local propositions, and a scattering of elections for office. Let’s briefly look at the election day results and…
Quick Reference Guide – 2023 Ballot Propositions
Early voting for the 2023 November election is officially underway, and voters across Texas are headed to the polls. This election held on November 7th is focused on fourteen constitutional amendment propositions, many of which will have a significant impact…
The Ginn Economic Brief: Texas Economic Situation – October 2023
Texas has been a leader in job creation. But Texas faces major headwinds as this year’s 88th Legislature has looked more like California than what Texans expect. There is a better way. Free-market capitalism is the best path to let…
Texans Can Downsize Texas Government in November
Texas politicians had a choice to make this spring. With a record $80 billion of new revenue available, they could either spend the money or give it back to Texas taxpayers in the form of property tax relief. Unfortunately for…
Nearly 800 New Laws on the Horizon
This Friday, September 1st, 2023, marks the day nearly 800 new laws, passed by the 88th Legislature, go into effect. Of those, several will impact Texas taxpayers directly both immediately and into the future. For Texas taxpayers, the 88th Legislative…
The Ginn Economic Brief: Texas Economic Situation – August 2023
Texas is a leader in job creation over the last year and since February 2020. But Texas faces major headwinds as the recently ended 88th Legislature looked more like California than what is expected from the free-market bastion of hope…
Corporate Welfare in Texas: The Ugly Truth
As the smoke begins to clear after the conclusion of the regular 88th Legislative Session and two special sessions, Texans are beginning to examine the myriad of both progress and damage accomplished by the Texas Legislature. In the damage category,…
Abbott Signs Corporate Welfare Boondoggle Into Law
On Wednesday, Texas Governor Greg Abbott signed legislation purporting to be a “new” economic development tool into law. Despite its similarities to the now-ended Chapter 313 tax abatement program, its supporters insist this new program is a more accountable and…