Tag Archives: Southwest Royalties

Our tax system isn’t quite as stupid as it could be

Good news! A Texas Supreme Court ruling has spared the state from having to issue billions of dollars in tax refunds to oil and gas drillers — a prospect that had had threatened to shake up the next legislative session. … Continue reading

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The Supreme Court hears that case about how stupid our tax system is

There’s a lot of money riding on the outcome. With billions of dollars at stake, the Texas Supreme Court heard arguments Tuesday in a tax showdown whose outcome could shake up the next legislative session while straining the historically friendly … Continue reading

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Supreme Court to decide just how stupid our tax system is

Oh, goody. The Texas Supreme Court on Tuesday will hear arguments in a case that could deliver a multi-billion windfall to struggling oil and gas producers by taking a major bite out of state tax revenue. The issue before the … Continue reading

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We have a messed up tax system in this state, part deux

Sooner or later, it’s going to collapse under its own weight. The state’s highest civil court last week agreed to hear a case hinging on whether metal pipes, tubing and other equipment used in oil and gas production should be … Continue reading

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