Property Tax Relief Hits Texas: Will Texans Feel It?
Thank you for listening to the 43rd episode of "This Week's Economy." Today, I cover: 1) National: - Jobs report from last Friday looks good on the surface but weak under it - CPI inflation indicates it is heating up again, and real earnings are weak - GOP debate was too much infighting and not enough specificity, especially on spending - Trump v. Biden: Comparison after three years of both administrations 2) States: - Texas property tax relief isn’t being felt by many Texans, and the amount of tax relief will be much less because of excess state and local spending - Texas Policy Research Initiative launches and posts about the messy legislative process in Texas - New South Carolina Sustainable Budget for FY 2025 will pave a better path forward if followed 3) Other: - I'm now an associate research fellow at AIER; don’t miss my latest piece on how states are hurting people by raising their minimum wages - My website is newly updated; be sure to check that out as well - Don't miss the latest LPP podcast with Adam Thierer of R Street Institute on the technology revolution - Mark your calendars for Monday for a new podcast with Michael Cannon of Cato Institute on improving health care affordability, accessibility, and quality Please share this episode on social media, and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com).
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