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rainbow4321 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 07:00 PM
Original message
TX: Tax bill would benefit richest Texans, analysis finds
http://www.mysanantonio.com/sharedcontent/APStories/stories/D88NEGG02.html

Only Texans making more than $100,000 a year would receive a net tax cut under the tax overhaul bill being considered by the House, according to a nonpartisan legislative analysis.

The Legislative Budget Board says the poorest 1.7 million households — those making less than $23,000 a year — would see their tax burden increase more than 5 percent under the bill as lawmakers would add a penny to the sales tax rate and sharply boost taxes on cigarettes and snacks.

The richest 840,000 households — those making more than $140,000 a year — would see their taxes cut nearly 3 percent, according to the research agency run by a group of legislative leaders who track the budget.

The budget board's analysis also found the legislation would shift part of the state tax burden from businesses to individuals. Texas businesses would pay $235 million less in total direct taxes in 2007 than they currently do, according to the study. Businesses would receive about $3 billion in property tax cuts.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 07:04 PM
Response to Original message
1. and poorest get sales tax tacked on!!!!!



The Legislative Budget Board says the poorest 1.7 million households — those making less than $23,000 a year — would see their tax burden increase more than 5 percent under the bill as lawmakers would add a penny to the sales tax rate and sharply boost taxes on cigarettes and snacks.
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rainbow4321 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 09:35 AM
Response to Reply #1
14. And now our TX lawmakers are giving themselves a 30% raise
State's going to hell in a handbasket but repukes have no problem throwing around the phrase "entitled to that level of compensation".

http://www.mysanantonio.com/sharedcontent/APStories/stories/D88OOO400.html

As lawmakers debate over salary increases for teachers, a Senate committee approved a proposal that would give the governor and other elected officials a more than 30 percent raise.

Under the measure, Perry's annual salary would increase from $115,000 to $150,000. The pay for other statewide elected officials would go up from $92,217 to $125,000

"They're entitled to that level of compensation," said committee chairman Steve Ogden, the Bryan Republican who sponsored the measure. "Like anything else in state government, you get what you pay for."

The last raise for state officials, about a 20 percent increase, came in 1995
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HippieCowgirl Donating Member (242 posts) Send PM | Profile | Ignore Fri Mar-11-05 09:48 AM
Response to Reply #14
15. Perry is making a PR move with this news...
" AUSTIN – A Senate panel quietly approved a raise of more than 30 percent for the governor and other statewide elected officials Thursday, saying that those officials don't make enough for the "size and scope" of their responsibilities.

Gov. Rick Perry's response: Thanks, but no thanks.

"The governor has made his feelings about this quite plain to both the Senate and the House," said spokesman Robert Black. "He has no desire for a pay increase. He certainly does not see a need for a statewide pay increase for elected officials."

He would not say, though, whether Mr. Perry would use a line-item veto to strike the raises or refuse to take the money if the Legislature approves it anyway.

"We're not going to speculate on what might come to his desk," Mr. Black said. "

<a href="http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/031105dntexstatepay.4013b.html">Dallas Morning News.</a>
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BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 07:07 PM
Response to Original message
2. Of course it does, that's WHO PAID FOR IT in the first place.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 07:33 PM
Response to Original message
3. Just another day at the office up on the Lege
Everyday they meet it's "what can we do to screw the working people of Texas today?"

My sympathy is limited, however, as Texas has one of the lowest voter turnout in the nation, and many working people vote for this shit year after year.
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Zerex71 Donating Member (692 posts) Send PM | Profile | Ignore Thu Mar-10-05 07:36 PM
Response to Original message
4. I'm shocked, shocked I tell you!!!
After all, there is NO connection between C-Plus Augustus and the Lone Star State.
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 07:57 PM
Response to Original message
5. Sounds like a hit in Dumfuk, Texas.
Edited on Thu Mar-10-05 07:57 PM by TahitiNut
"Hey, Maw! We're gonna be rich like Dubya! Lookit this heah email from this stupid furriner in Africa!"

:eyes:
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DuaneBidoux Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 08:28 PM
Response to Original message
6. That's ME yeah yeah yeah!
In typical Texas fashion they move from regressive to more regressive. HOWEVER there is a big problem right now in Texas. It is a problem that would more properly (and fairly) be solved with a state income tax (fat chance).

The problem is similar to that experienced in California right before prop 13. Give you an example: my wife and I are both professionals. We will benefit from this change but our property taxes truly are outrageous. Then again, we afford them. In the Houston area where I live our house is appraised at $250,000 plus or minus but our property taxes are near $10,000. I talked with a man from Connecticut who has a house valued at a million that pays $10,000.

The problem comes in with the likes of my neighbor, who has lived in her house for 40 years and is a secretary at the peak of her earning years earning $38,000. Her property taxes alone represent almost 25% of her income. This is a real problem--she is on the edge of losing her lifelong house because of reappraisals. An income tax would be the solution that would allow my wife and I to pay the same (which we can afford) and for her to pay less and keep her house. For both of us I think the future system will be a wash. For a truly poor person it will be a disaster. The only good part is the dollar a pack tax for cigarettes (IMHO). Although that will put some new traffickers in business guaranteed.

But again, this is Texas, where our state motto is "If you're poor go fuck yourself."
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Boomer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:46 PM
Response to Reply #6
11. Friends of mine in Austin...
have watched their property taxes shoot up year after year due to the rapid (over)development of the area.

People of modest income, living in houses built in the hill country decades ago, suddenly found themselves living in "prime" real estate, with houses selling for exorbitant prices. Great if you want to move, but some of those who want to stay are finding it difficult to meet expenses.
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DuaneBidoux Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 01:29 PM
Response to Reply #11
23. It is a real problem-but leave it to Texas to figure out how to solve
the problem on the backs of the poorest (most of whom probably pay rent: and I bet they won't see a dime of the relief their landlords get in taxes).
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merwin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:17 PM
Response to Original message
7. I have absolutely no pity. They voted for the bastards. Nobody
forced them to.
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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 09:56 AM
Response to Reply #7
16. Lots of them didn't vote for this and some of those were redistricted
out of their representation.
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merwin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 10:31 AM
Response to Reply #16
18. Contrary to popular belief, the majority of americans aren't rich. Even in
Texas. They ALL should have known this was coming. You could see it from a mile away. Even with the redistricting, there is still a majority of middle class people.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 11:06 AM
Response to Reply #7
20. I didn't vote for the bastards and I won't benefit from this tax scam
on the working poor. My property taxes have increased steadily over the last few years. From $3700 to $4500 between '03 and '04. When we bought this house in '97 our taxes were $ 2700. Many people in this neighborhood are retired, on fixed incomes so I am guessing the ever increasing taxes are a burden, then again some of them did vote for these bastards. So :nopity: for them.
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Ezlivin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 01:48 PM
Response to Reply #20
24. Same here in Keller (north of Fort Worth)
The place has tripled in population since we moved here in '93. Our property taxes have more than doubled to $5,000.

Before the last presidential theft, we canvassed our neighborhood, asking if any of our neighbors wanted a John Kerry sign. Out of 16 homes, we got three "yes" replies. The rest decided to vote like sheep.

The ones I spoke with who drank the KoolAid said they liked Bush's "pro-business stance". That and his messiah-like devotion to some twisted form of religion.

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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:18 PM
Response to Original message
8. Coincidental? nuh uh! n/t
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sonicx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:24 PM
Response to Original message
9. This just in: the earth is NOT flat!
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hadrons Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:31 PM
Response to Original message
10. a friend of mine just moved to Houston,she & her hubby will do well ....
with this bill

BTW, both hate Bush
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alarimer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:52 PM
Response to Original message
12. In other news, the sky is blue
Duh.

I am not surprised by this.
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bookman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-05 10:54 PM
Response to Original message
13. Not all of us are like that...
... we have some great liberal minded people here. I like to think I'm one of them. :)

I love where I live, but we are unfortunately a minority. Texas has its Ann Richards, Molly Ivins, and more. I know it easy to bash the state. We're not proud. I know I risk being "Dixie Chicked", but think kindly of the (for now) minority of us here.

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Mari333 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 09:57 AM
Response to Original message
17. To those Texans who voted against Bush
You have my sincere condolences...
To those Texans who voted for the little bastard..
No compassion from me. Not a lick.
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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 11:01 AM
Response to Original message
19. People chose where they live in this country...
Texans want to live under a crime syndicate then so be it. It is a little harder as an entire country. Not quite so easy to just pack up and leave. Wish I could offer more support for them but they made their bed....
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SF Bay Area Dem Donating Member (394 posts) Send PM | Profile | Ignore Fri Mar-11-05 11:18 AM
Response to Reply #19
21. Can anyone think of some truly nice places in Texas?
The place is ruled by Republicans... it is disgusting. I know there are some good liberals there, especially in the Dallas, Houston and especially Austin areas. At some point the people will grow tired of this crap and revolt.
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Boomer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-12-05 05:02 PM
Response to Reply #21
26. Don't ask me, I left
I used to love Austin, but it has become a nightmare of overdevelopment and arrogant yuppie pretensions. The laid-back, blue-collar Austin is now under seige and not likely to survive the onslaught.
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primavera Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 12:36 PM
Response to Original message
22. Robin Hood's evil twin
Robbing from the poor to give to the rich, yep, sounds like a Republican alright. :puke:
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-11-05 01:51 PM
Response to Original message
25. and if the wealthiest in texas file bankruptcy
they can still keep thier mansions because of the unlimited homestead exemption.
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