Wendy Davis targets corporate tax breaks to get money for schools
AUSTIN — Wendy Davis acknowledged Wednesday that her proposals to improve public schools will cost more money, but she said revenue is available if lawmakers will make education a priority and eliminate some corporate tax breaks.
“We need a governor who will lead the Legislature in a bipartisan way to find the smart ways to create that investment,” said Davis, the Democratic nominee, at an Austin news conference.
Davis said that because of Texas’ booming economy, budget writers next year are expected to have a $4 billion surplus and billions more in the state rainy day fund.
She said that existing revenue, coupled with “closing corporate tax loopholes that have been on the books in Texas for decades,” should provide lawmakers with the money needed to balance the budget and boost funding for education without new taxes.
Read more: http://www.dallasnews.com/news/politics/headlines/20140827-wendy-davis-targets-corporate-tax-breaks-to-get-money-for-schools.ece
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