The chapter on Public Finance in Texas outlines a number of important issues related to the ways in which Texas generates as well as spends revenue and the Constitutional rules that affect and restrict these issues.. Address the long-standing debate on whether it is important to increase spending on important services or decrease taxes so that individuals can keep more of their income. Which do you think is a better option for the long-term economic viability of a state? What specifically would you change about how Texas currently taxes and/or spends money on programs? How politically viable are your ideas and what would be their likely consequences?