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Taxes Issues

Local debt needs some sunshine

May 07, 2014 J,

Texas ranks highly when it comes to letting taxpayers know how state government spends its money, according to a new report from the U.S. Public Interest Research Group. The report, called “Following the Money 2014,” named Texas the fourth most transparent state in providing online access to government expenditure information, behind Indiana, Oregon and Florida. [...]

Before Considering more Debt, Tally What you Owe.

April 29, 2014 J,

Texas voters are being asked to consider local 81 bond initiatives totaling $6.7 Billion which are on the May ballot.   Early voting is underway and runs through May 6 for the May 10 election. Prudent financial management at all levels of government is crucial to ensuring Texas remains a desirable destination for business and an [...]

Texas Employment Growth Bests Nation’s

April 17, 2014 J,

Richard Fisher,  President and CEO, Federal Reserve Bank of Dallas, spoke at a Texas Public Policy Foundation event this week and presented the Texas economic update.  Highlights included: Texas employment grew 2.5% in 2013. – Added 278,000 jobs In 2014, Texas grew 2.9% through February. – Added 54,500 jobs Manufacturing lost jobs, but output expanding. [...]

It’s Tax Freedom Day in Texas

April 11, 2014 J,

Tax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for year.  That represents the day our earnings are available to us for food, clothing, shelter and other family budget items like health care and medicine. Most taxpayers are surprised – and disgusted [...]

In Texas, Economic Freedom Produces Innovation and Growth

January 17, 2014 J

Washington, D.C. and other states should take notice of policies which have made Texas the job-creation state of the  country.  The United States is in the midst of an economic paradigm shift as evidenced by the evolution of state-level economies. States that used to be bastions of economic innovation are experiencing decline, while other states [...]