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TexasTowelie

(111,313 posts)
Sun Mar 3, 2013, 04:23 AM Mar 2013

Country club break shows perils of messing with taxes

In 1991, state Sen. Rodney Ellis, D-Houston, was a first-time lawmaker when he filed a bill to strip a tax break from tony River Oaks Country Club in Houston.

One of Ellis’ biggest supporters flew to Austin to explain to him in person the folly of trying to pass such legislation.

“All hell came down on us, so I left it alone,” Ellis said. “But I always remembered that.”

<<<snip>>>

Today, the River Oaks Country Club’s land is valued at $79.5 million but it’s listed on the tax rolls for $4.2 million, thanks to state law.

More at http://www.statesman.com/news/news/state-regional-govt-politics/country-club-break-shows-perils-of-messing-with-ta/nWfgc/ .

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