Issues Economy

Economy

THE ECONOMY

“A government can’t control the economy without controlling people. …outside of its legitimate functions, government does nothing as well or as economically as the private sector of the economy.” – Ronald Reagan

Currently, government is too big, too unaccountable, and too entrenched in our economy and our everyday lives. Government should not exist to make decisions for us, but rather to protect our freedom to make our own economic choices. Our aim should be to strengthen the bedrock American principles of limited government, free markets, and personal responsibility.

Taxes

I remain committed to keeping tax rates low as property values rise, allowing homeowners to keep more of their hard-earned money. The Commissioners Court has lowered the property tax rate five times over nine years and, in 2009, the court also instituted a 5% homestead exemption.

Spending

We must not lose sight of the culprit when it comes to calls for tax increases: government spending. The county must budget for its core functions, keeping in mind that rainy days may come. Otherwise, the progress we have made will be short-lived. Let’s do what we can to avoid saddling our children with debt decades down the road.

Outlook

Collin County has been at the forefront of the tremendous economic growth in Texas, attracting businesses, and the families who move with them, from other states. Our population has been growing at a staggering pace and projections estimate that, if this growth continues, Collin County’s population will reach 3.8 million by 2050. People are choosing to live here because we offer economic opportunity, a high standard of living, and low tax rates.

Collin County has shown what a difference economic freedom can make. With an economic environment that fosters innovation and job creation, our county’s economic future looks bright.