Research Library

Despite a cap on Houston’s property tax collections, these taxes have outpaced population growth and inflation, writes fellow John W. Diamond. This issue brief examines the rise in property tax revenues and proposes strategies for maintaining a sustainable city budget.

Hoping to expand trade relations post-Brexit, the U.K. is forming nonbinding memorandums of understanding (MOUs) with individual U.S. states. Fellow David A. Gantz’s report navigates the complex political terrain and economic promises of these MOUs with a focus on the U.K.’s agreements with Texas and Washington.

From 2020 to 2023, sales of hemp-derived cannabinoids increased by 1,283%, reaching a value of $2.78 billion last year. Although the Texas hemp industry is booming, lack of regulation poses risks to public health. A new brief from the Drug Policy Program makes specific recommendations for strengthening and enforcing current laws — ensuring consumer safety while also providing economic benefits for the state.

Many tax treatments can help families and individuals cover college expenses, yet methods of paying for college may change with recent and forthcoming policies. In an issue brief, fellow Joyce Beebe reviews proposed policy reforms to federal student loan forgiveness and outlines updates to repayment plans, application processes, and accompanying tax treatments.

Donor-advised funds (DAFs) have experienced substantial growth in recent years, prompting debate about abuses of this tax-advantaged vehicle and what policies should be adopted to close loopholes. Fellow Joyce Beebe reviews the design of DAFs, common criticisms, recent policy developments, and opponents’ arguments against additional regulations.

What's behind the rise of U.S. manufacturers “nearshoring” to Mexico? In this report, fellow David A. Gantz explores the historical drivers fueling this trend and the reasons why Mexico may struggle to attract foreign investment in the near future.

The House recently passed the Tax Relief for American Families and Workers Act (TRAFWA) of 2024, which aims to provide tax relief to businesses and families with children in a fiscally responsible manner. But, as fellow John W. Diamond’s new commentary explains, if the bill succeeds, it would instead deliver more reckless tax giveaways while further delaying a real effort to deal with the consequences of poor fiscal policy.

America is facing a serious labor shortage. Expanding the TN visa — a pivotal pathway for Canadian and Mexican professionals originally created through NAFTA — can help the country close its growing workforce gaps, writes Tony Payan, director of the Center for the U.S. and Mexico.

In a new brief, contributing expert Robert Barron explores the first phase of the Israel-Hamas war and what stakeholders must consider for a viable pathway to peace.

Legislative action on the ballooning federal deficit is long overdue. Fellow John W. Diamond proposes a new nonpartisan fiscal commission to bypass congressional inaction on reform.