Enhancing Truth-in-Taxation Policies in Texas
Truth-in-taxation measures, which are intended to serve taxpayers, have failed to constrain the property tax burden in Texas, write Jennifer Rabb and Lebena Varghese of the McNair Center for Entrepreneurship and Economic Growth. They argue that it is incumbent upon the government to make tax rate notices clear, relevant and above all truthful.
Jennifer Rabb, Lebena Varghese January 17, 2023
How Economic and Political Factors Drive the Oil Strategy of Gulf Arab States
This paper models the oil strategy of Gulf Arab states under three future energy transition scenarios. Under the most ambitious scenario, the region would have to decouple its oil revenues from its economic growth and could face significant economic and political consequences.
Osamah Alsayegh January 9, 2023
Of Chinese Behemoths: What China’s Rare Earths Dominance Means for the US
China’s dominance over the supply of rare earths — which are critical for energy transition and defense technologies — should spur U.S. policymakers to bolster raw materials supply chains, write energy fellow Michelle Michot Foss and co-author Jacob Koelsch.
Michelle Michot Foss, Jacob Koelsch December 19, 2022
Connecting Past and Future: A History of Texas’ Isolated Power Grid
Why does Texas have its own power grid, and how can its history inform the future of electric power in the state? Nonresident scholar Julie Cohn looks beyond the mythology surrounding the standalone Texas grid and finds that reliability and economics — not politics — were the major factors leading to isolation.
Julie A. Cohn December 1, 2022
Net Zero Saudi Arabia: How Green Can the Oil Kingdom Get?
This paper lays out one potential step-by-step path toward decarbonizing Saudi Arabia, imagining a sweeping restructuring of a fossil fuel-driven society and economy.
Jim Krane October 27, 2022
Carbon Border Adjustments: The Need to Analyze ALL Carbon Trade
As the European Union develops a carbon border tax and the United States considers its own, this report argues for the need to track cross-border carbon trade comprehensively — including trade in fossil fuels.
Mark Finley, Joon Ha Kim September 7, 2022
Inflation Reduction Act of 2022: Corporate Minimum Tax Faces Major Issues
President Biden signed the Inflation Reduction Act of 2022 into law last week, initiating sweeping changes to tax, climate…
Joyce Beebe August 24, 2022
Macroeconomic Effects of the Inflation Reduction Act
To access the full working paper, download the PDF on the left-hand sidebar.
H.R. 5376, previously known…
John W. Diamond August 4, 2022