Texas legislators should support innovation Research and development (R&D) fuel innovation, and innovation powers the Texas economy.   TTARA President Jennifer Rabb authored this op-ed with Dr. John W. Diamond, who directs the Center for Tax and Budget Policy at Rice University’s Baker Institute, laying out the economic benefits that R&D creates in Texas. The…

Innovation makes workers more productive and leads to new businesses that pay taxes and create jobs. But while the Lone Star State is renowned for its strong economy, investment in Texas research and development (R&D) remains distressingly low.

FOR IMMEDIATE RELEASE April 1, 2025 Reducing Taxes on Personal Property A Sigh of Relief for Texas Businesses   AUSTIN — A research report released today by the Texas Taxpayers and Research Association (TTARA) shows that property tax exemptions for business personal property would make the Texas economy more competitive and create a fairer tax…

Texas for Innovation announced that a new economic impact study indicates extending the state’s research and development (R&D) tax credit would enhance economic output, jobs, and income without burdening state or local finances. The announcement was made in a press release on March 13, 2025.