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Abbott instructed TCEQ to accept the water after the International Boundary and Water Commission announced U.S. and Mexican authorities signed an agreement on Nov. 7 to ensure Mexico made regular ...
A resource rent tax is a tax on the rents gained on the exploitation of a resource. [ 1 ] [ 2 ] [ 3 ] It can cover both renewable and non-renewable resources. It is classically understood to be a tax on the surplus value generated by resource exploitation beyond the necessary costs of production (which includes rewards to capital). [ 1 ]
Texas is one of the seven states of the United States with no personal state income tax. In addition, Texas does not allow any lower level of government (counties, cities, etc.) to impose an income tax. This means that, for the residents of Texas, the maximum rate of income taxation is the top rate set by the federal government.
TxGIO was established by the Texas Legislature in 1968 as the Texas Water-Oriented Data Bank. In 1972, after four years of growth and diversification, it was renamed the Texas Natural Resources Information System (TNRIS). In 2023, the 88th Texas Legislature officially renamed TNRIS to the Texas Geographic Information Office. [2]
A new president, a strong economy and tons of innovation: How those and other forces might change economic, tax and financial situations in 2025. Your money, the economy, taxes might change in ...
As unrelenting heat set in across Texas this summer, opponents of a sweeping new law targeting local regulations took to the airwaves and internet with an alarming message: outdoor workers would ...
The final categorization of ecotaxes, and arguably the least important form of ecotaxes is resource taxes. Within the category of resource ecotaxes lie taxes associated with the extraction or utilization of natural resources like water, forests, wildlife, and other forms of flora and fauna. These levies are imposed on activities leading to the ...
The US LNG industry, led by Texas, “contributes a whopping $43.8 billion toward the U.S. GDP, and generates $11 billion in tax and royalty revenues for local, state, and federal governments ...