Two tax cuts, but only one with a sales pitch

Edgar's picture


With the first round of the Legislature's biennial budget dance almost complete, the Senate has made its ideas for state finance — particularly when it comes to tax cuts — much clearer than whatever the House is thinking. In a series of press conferences and committee hearings, Lt. Gov. Dan Patrick and various senators have laid out their plans to increase homestead exemptions, giving the average homeowner something like $206 in relief each year. They want to increase the size of companies that are exempted from the state’s franchise tax, roughly cutting in half the number of companies that pay that unpopular levy.

To view more please log in or subscribe to the digital edition

Rate this article: 
No votes yet