Texas leaves $4 billion on the table every year because of this policy, study says

The Texas Association of Manufacturers hired Austin-based economic analysis and consulting firm TXP Inc. to evaluate conforming Texas’ franchise tax law to the Federal Acquisition Regulation (FAR). TXP found that Texas is missing out on an additional $4.1 billion in annual economic activity from the aerospace and defense sector. To find out more about the study, click HERE for coverage in the Austin Business Journal.