Tag Archives: franchise tax

We’re going to vote on making an income tax double secret illegal

It’s definitely time for sine die. Texas voters will decide in November if they want to bar the imposition of an income tax, following approval of the constitutional amendment by the state Senate on Monday. The Texas House had approved … Continue reading

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It’s bill-filing season

Here are some highlights from Day One: House Bill 49, by Rep. Lyle Larson, R-San Antonio, would get rid of daylight saving time in Texas. Some lawmakers have tried to do this in past sessions. House Bill 63, by Rep. … Continue reading

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House approves bill to kill margins tax

Dumb. The Texas House on Thursday approved a proposal that would phase out an unpopular business tax that provides funding for public schools. The proposal by state Rep. Dennis Bonnen, R-Angleton, would not reduce the state’s franchise tax during the … Continue reading

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Senate passes its budget

It’s the one bill that has to pass. The Texas Senate unanimously approved a two-year budget on Tuesday that would shift nearly $2 billion in public education costs from the state to local taxpayers. The Senate’s $218 billion document now … Continue reading

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Lawsuits and low oil prices

Both are threatening the next Texas budget. Last week, lawyers for the state of Texas got the latest in a string of bad legal news. A lawsuit challenging the state’s foster care system as inhumane appeared to gain steam when … Continue reading

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We have a messed up tax system in this state

The latest exhibit: The volatile oil and gas industry already has prompted Texas Comptroller Glenn Hegar to reduce his state revenue estimate, but that may not be the last of the bad budget news. A court decision potentially could cost … Continue reading

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