Texas
Related: About this forumFinal tax-cut snag cleared by House committee vote
AUSTIN --The Texas House Ways and Means Committee approved a break for homeowners from school property taxes Thursday, addressing the last sticking point in negotiations on a tax-cut deal.
"We are incredibly close to a deal" on a $3.8 billion, two-year package that also would slash business taxes, said Ways and Means Chair Dennis Bonnen, R-Angleton.
The timing of the school property tax break had been called the final hangup in tax-cut negotiations between the House and Senate.
The measure approved by the committee would allow it to start with school taxes owed for 2015, allowing the cut to be in effect for both years of the coming biennium, as sought by senators.
Read more: http://www.chron.com/news/politics/texas_legislature/article/Tax-deal-6278902.php
randys1
(16,286 posts)HassleCat
(6,409 posts)I wish Molly were still around to comment on this. The Texas Leg leads the way when it comes to putting a populist spin on giveaways to bidniss, as Molly called it. "Yep. We're lookin' out fer the poor beleaguered homeowner. Oh by the way, bidniss gits a little sumpin too."
Fred Sanders
(23,946 posts)The media is as dangerous as the Republicans, as they both were in the Great Iraq Bait and Switch.
Gothmog
(145,107 posts)An earlier version of this proposal required an election in September with just this item on the ballot. That would have been very expensive
Lithos
(26,403 posts)Notice the difference
3.8 billion savings for both business and homeowners...
Yet only $126 dollar saving for homeowners.
Seems this is mostly tilted towards business....
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