A just-released Institute on Taxation and Economic Policy report estimates that undocumented immigrants in Texas collectively paid $1.5 billion in property, sales, and excise taxes in 2012. (For other states that have a personal income tax, ITEP estimates
Tax cut fever continues to spread through the Capitol, and we keep asking the same question: is it appropriate or fiscally responsible to place tax cuts at the top of the agenda? State leadership seems to be prioritizing tax cuts above
The price of oil, which was over $100 per barrel last summer, has lately been selling at half that amount. Drilling new wells has slowed down, so we’re left to wonder: What happens to state revenue if oil and gas
House budget writers left over $8 billion on the table in available general revenue, and have $2 billion in wiggle room under the spending growth cap. These funds could go a long way to increasing investments in Pre-K, community mental
Imagine you move into a new house only to discover that the ceilings are only 5 feet high, forcing you to walk around hunched over. You would be outraged, uncomfortable, and unable to use your home to its full potential.
This week is a tipping point for the 84th Texas Legislature. Lawmakers will weigh some game-changing bills that would affect our state’s ability to invest in our future. Budget and tax debates don’t always draw the biggest crowds of concerned
This week we’ve looked at a number of tax policy proposals coming out of the Senate, including those that are part of the $4.6 billion tax cut package announced by Senator Jane Nelson and Lt. Governor Dan Patrick.