This week we’ve looked at a number of tax policy proposals coming out of the Senate, including those that are part of the $4.6 billion tax cut package announced by
On Tuesday, Senators Jane Nelson and Charles Schwertner drew much attention when they announced several major tax cut proposals, including a homestead exemption increase. As part of our week-long series
UPDATE: Senator Robert Nichols (R – Jacksonville) announced a change to the proposal. The new proposal, which requires a constitutional amendment, would dedicate 50 percent of the revenue from the
UPDATE: Senator Charles Schwertner (R – Georgetown) filed SB 7 , which calls for a reduction in the franchise tax rate, and SB 8, which increases the amount of revenue exempted
Imagine looking at your paycheck and knowing it’s not enough money to pay the rent on time or buy groceries for your family. Unfortunately, too many hard-working Texans face this
Today the Senate Finance Committee heard testimony on the importance of investing in public education. When District Court Judge John Dietz found Texas’ school finance system to be unconstitutional last year,
In Texas, we like to pride ourselves as being the standard-bearer of many things across the country. Unfortunately, our tax system leaves a lot to be desired. The latest update
Texas is looking for more money for roads, and the question of how the state spends its motor fuels tax funds is likely to gain traction in the legislative session.
The Joint Select Committee to Study the Balance of the Economic Stabilization Fund – commonly known as the Rainy Day Fund – met briefly this morning and adopted a $7
On Thursday the House Appropriations committee heard from the Legislative Budget Board and the Comptroller of Public Accounts on state budget, economic, and revenue developments affecting the 2014-15 and 2016-17
