Connecting today’s news with the research & opinion you need
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Watch our panel recapping the 88th Legislative Session
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That’s The Plan
What to know: Texas Gov. Greg Abbott has endorsed TPPF’s plan for compressing property tax rates: “That’s my plan,” he tweeted, “Use the TPPF roadmap to end property taxes.”
The TPPF take: Tax compression is relatively straightforward.
“In recent years, tax rate compression efforts have centered on using state funds to buy down school district M&O tax rates to reduce property tax bills,” says TPPF’s James Quintero. “The main benefit of targeting the M&O tax is that it keeps Texas on the pathway to elimination, with the tax rate making incremental progress to the $0.00 mark—permanently.”
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It’s Five O’Clock Somewhere
What to know: Bud Light sales continue to plummet following its marketing campaign featuring a transgender “influencer.”
The TPPF take: This is where environmental, social and governance (ESG) efforts in the corporate world lead.
“ESG investing, which could be a useful tool for individuals to make informed choices about their investments, has instead become a wrecking ball that could destroy entire industries,” says TPPF’s Jason Isaac. “The un-American agenda of the climate cartel is an affront to the principles of liberty that founded our country.”
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Summertime Blues
What to know: Former Texas Gov. Rick Perry warns that President Biden’s green efforts will result in power blackouts and financial hardship for American families.
The TPPF take: “Green” policies have pushed our power grid to the edge.
“We have an increased likelihood of blackouts in the western two-thirds of the country, and it’s driven by federal policy,” says TPPF’s Chuck DeVore. “The more wind and solar you add to the grid, and the more reliable power sources you retire, the more unstable the grid becomes.”
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Texas Public Policy Foundation, 901 Congress Avenue, Austin, Texas 78701, United States, 5124722700
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