Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The Texas government uses their mineral rights to fund roads and schools that they otherwise wouldn't be able to pay for with their 0% state income tax. Although Texas is not very socialist, maybe 0.1%, it would have to be even less socialist if you took away the minerals without allowing the tax rate to go up.


Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: