Texas legislature passes tax cuts for businesses

Comments (53)
ELefevre48 wrote:

Listen Up, Barry!

That low, rumble you hear in the distance is the sound of JOB Creation…

May 27, 2013 5:52pm EDT  --  Report as abuse
george4717 wrote:

You gotta laugh at the typical whiny leftist like Dick Lavine at the Center for Public Policy Priorities who wants to spend more money on pre-kindergarten through higher education. These greedy takers who produce nothing can never get it thought their dense skulls that if people have more of their own money that they can also determine the most effective way in which to spend it for the best purpose.

May 27, 2013 5:55pm EDT  --  Report as abuse
Swiss.Admiral wrote:

It’d be nice if, for once, journalists writing about governmental & tax matters would clearly note the difference between a tax cut and a tax RATE cut. The difference is far more than academic, as historically, business tax RATE cuts end up causing total tax REVENUE to increase. This is due to the stimulating effect of businesses having more of their own money to invest in plant, create new jobs, etc.

May 27, 2013 6:04pm EDT  --  Report as abuse
hytop wrote:

Obama and all you democrats and rihnos out there. Take notice! These people in Texas are growing their economy through LOWER taxes

May 27, 2013 6:11pm EDT  --  Report as abuse
CowboyJack wrote:

There’s a reason why businesses are flocking to Texas. They want people to be here. How can anybody with a business want to be in any Blue State?!

May 27, 2013 6:42pm EDT  --  Report as abuse
T.j.p. wrote:

People who use the phrase “It is well known that… ” generally don’t have the facts to back up,their claim. Why respect a journalist who uses this suspicious device. News needs to be factual and verifiable.

May 27, 2013 7:04pm EDT  --  Report as abuse
Steve48 wrote:

Since businesses can’t print money, where do liberals think this money they pay in taxes comes from? When taxes are raised on businesses they raise the price they charge customers. DUH!!! When you cut taxes on businesses you are cutting the cost customers pay. And when you cut the cost to consumers they tend to buy more product. That increases the number of jobs created and the standard of living of everyone involved. Yes, it really is that simple. Kennedy proved it when he lowered taxes and created a robust economy. Reagan knew it when he lowered taxes and created a robust economy. Even Clinton discovered it when he reversed himself and lowered taxes which resulted in the first balanced budget in 40 years. Too bad liberals refuse to look at history because it doesn’t fit their “share the wealth” dogma.

May 27, 2013 7:15pm EDT  --  Report as abuse
Jhawke wrote:

And Democrats think they can turn Texas into a Blue state. Meanwhile people are leaving Blue states and Blue cities like Illinois & Michigan, and Detroit & Chicago in droves and heading to Red states for jobs and economic security. Oh the irony. The sad thing is that most of these people are liberal Democrat voters and will take their voting with them…like a swarm of locusts that destroy one piece of land and move on to another to destroy.

May 27, 2013 7:42pm EDT  --  Report as abuse
Dugway wrote:

ELefevre48, you said “that low, rumble you hear in the distance is the sound of JOB Creation”

but of course you know by now that barry is tone-deaf.

May 27, 2013 8:50pm EDT  --  Report as abuse
free2speakup wrote:

Think of all the nay sayers who made fun of Perry during the debates and compare what he’s doing in his state to what we’re stuck with in Washington. Obamacare, scandal after scandal which never ends, and good luck getting to the bottom of any of this before another one pops up. Texas has got it right, unlike most of the rest of the country.

May 27, 2013 9:22pm EDT  --  Report as abuse
John_Galt wrote:

Want to know when taxes are low enough and the government is small enough? Looters and moochers will start hitting up CHARITIES instead of the GOVERNMENT…

May 27, 2013 12:00am EDT  --  Report as abuse
JimmyGDadof3 wrote:

Yes, those mean old republicans going around helping the private sector create good jobs for people. They should be like the liberal/socialist democrats handing out more food stamps and Obama-phones to create a permanent underclass of government-dependent poor people that will always vote for the hand-outs. If this headline wasn’t biased it would read “Texas — the state with the best economy and most jobs opportunities is helping to create more jobs”.

May 27, 2013 12:09am EDT  --  Report as abuse
BnB wrote:

Barry is listening. He hears it. He knows it. He is actually not stupid, just not very bright, maybe IQ of 110 which is pretty good for the crowd he travels with, which is why he is their leader. Good enough at least for another run of the mill copy cat commie who actually is still ignorant of the historical results of actually implementing the Marxist principles he blindly follows. So get over getting his attention…he is focused on wrecking as much of this country as he and his like minded comrades can in the few months they have left.

May 27, 2013 12:18am EDT  --  Report as abuse
kc-anathema wrote:

Whoa, just one note–as happy as I am for all the above, the part about reducing the number of standardized tests came from the debacle over having three solid weeks of testing this year, including both STAAR and TAKS, as well as the insane method of adding up the points over the total STAAR tests as well as having fifteen tests for students to take, which is only an average because even the school districts weren’t sure what the state wanted and the rules kept changing weekly, if not daily. So while it’s great that the insanity was lessened, it was the state’s own insanity that was reduced.

May 28, 2013 2:35am EDT  --  Report as abuse
JackedKennedy wrote:

kc-anathema…………..anything to keep the teachers from being held acountable for the CHILDREN

again, its all about the tearchers paycheck, paid insurance and pension…………..while the kids fail and WE keep being stuck with the bill

May 28, 2013 4:35am EDT  --  Report as abuse
dannysdailys wrote:

Yeah, Lavine is a joke. No one spends more money per student then NY. New York City meanwhile, can celebrate that fully 80% of their high school grads can’t even read! And the mayor is only worried about how large your soda is. This would be laughable if it wasn’t true.

May 28, 2013 5:42am EDT  --  Report as abuse
Robxx wrote:

Businesses shouldn’t pay taxes at all. The one thing liberals just can’t grasp is that businesses don’t pay taxes at all. All costs of taxes are transferred to their customers in the form of prices. So individuals pay those taxes. Business taxes essentially become the most regressive tax possible. They drive up prices which impact the poor equally with the rich and as a percentage it has a greater impact some would say.

May 28, 2013 6:33am EDT  --  Report as abuse
obamasociali wrote:

Great Tax cuts for the business class, paid for off the backs of their employees, from a state with the highest amount of minimum wage workers. Typical

May 28, 2013 6:58am EDT  --  Report as abuse
samdavis1111 wrote:

If only the rest of the country could be like Texas.

May 28, 2013 7:15am EDT  --  Report as abuse
RedneckGIrl wrote:

Be careful Texas. With all those people from the blue states running to Texas, they may bring their liberal ideology with them. Liberal ideology will rip you apart and eventually turn Texas into a New York if you allow it. Be the leader that that the rest of the country needs.

The rest of the country is counting on you!

May 28, 2013 8:54am EDT  --  Report as abuse
HalInAustin wrote:

Interesting that here in Austin this morning, I heard on the radio that the democrats in the legislature are ecstatic about the amount of money that they got in spending for public education. So which is it? Does this public policy outfit just think we need to throw limitless amounts of money at it?

May 28, 2013 9:51am EDT  --  Report as abuse
JackP32 wrote:

Texas may soon become the engine that runs the U.S. Hope I am around long enough to see the political structure in DC go down the drain as it is absorbed by the great State of Texas.

May 28, 2013 10:17am EDT  --  Report as abuse
analteredego wrote:

The more taxes the states cut, the more taxes the liberals in DC will try to take in return.

May 28, 2013 10:25am EDT  --  Report as abuse
Jimbo63 wrote:

80% of the private sector works for small businesses, and tax breaks encourage development, and further investment, and also equals a better opportunity for those that wish to gain meaningful employment. Texas has the right attitude under the leadership of Gov. Rick Perry.

May 28, 2013 10:30am EDT  --  Report as abuse
thomasburks wrote:

Texas doing the right thing…. Its now clear that the left feared Perry because he would do the right thing.. As for taxes Texas is spot on business will pass on to the consumer the taxes through raising the cost of goods and services.in essence an indirect tax increase on the poor and middle class .

May 28, 2013 10:34am EDT  --  Report as abuse
USAPragmatist wrote:

‘That low, rumble you hear in the distance is the sound of JOB Creation…’ Or it could be the explosion of fertilzer plants killing 10+ people due to lack of regulations. Sure you might get a minimum wage job, but you might be killed doing it.

May 28, 2013 10:41am EDT  --  Report as abuse
sailordude wrote:

LOL, Massachusetts has an %18 Billion dollar deficit. Way to go Texas with a Surplus!

May 28, 2013 10:49am EDT  --  Report as abuse
Jack___Davis wrote:

This isn’t a “tax cut,” this is a RATE reduction!! The end result will be MORE money collected in taxes due to increased PRIVATE SECTOR economic activity.

May 28, 2013 10:50am EDT  --  Report as abuse
Casey1963 wrote:

What is pitiful is they have to pass a bill for our kids and teachers to say Merry Christmas. The USA is being controlled by the minority next we will have sharia law like England. Its time to vote out any politician that supports any UnAmerican policy.

May 28, 2013 11:07am EDT  --  Report as abuse
Jamie20 wrote:

The state of Illinois really need to take a page from Texas. Here in Illinois they are: they recently passed some damn pet lemon law, they are also trying to put casinos in Chicago. As if crime wasn’t bad enough and they working on gay marriage. Not one bill on lowering taxes on existing businesses and to attract other companies…However the pet lemon law has precedent over jobs. I can’t wait to leave this state.

May 28, 2013 11:33am EDT  --  Report as abuse
jrj906202 wrote:

Sure wish California has some business friendly politicians.Democrats,here,hate businesses.They love poverty.If California didn’t have the weather,it would be a ghost town.

May 28, 2013 11:51am EDT  --  Report as abuse
timedonkey wrote:

Texas has been taken over by corporate interest and is the modern day version of forced labor, there is a solution to the unrepresentative legislature, Nationalize the oil, gas and coal to fund universally desired entitlements that the oligarchs and their elected minions hoard for themselves …. we got something for those old slave masters. Justice

May 28, 2013 12:01pm EDT  --  Report as abuse
ojfl wrote:

It will be interesting to see if any state will ever try to simply get rid of corporate taxes altogether as they are mostly borne by compensation and prices. It would be an interesting thing to see how that affects business’ behavior.

May 28, 2013 12:14pm EDT  --  Report as abuse
ojfl wrote:

It will be interesting to see if any state will ever try to simply get rid of corporate taxes altogether as they are mostly borne by compensation and prices. It would be an interesting thing to see how that affects business’ behavior.

May 28, 2013 12:29pm EDT  --  Report as abuse
ronle wrote:

I don’t disagree with Lavine’s empty statement about education. I expect in a sterile lab environment, you can see marked improvement in character development with addition education at a young age. What makes it empty are the empty suits controlling public education in America. Let each child’s parents invest the child’s share of the public education budget on any accredited school of their choice, and you’ll see results soar. Instead we throw most of our tax dollars away on schools that will never perform.

May 28, 2013 12:35pm EDT  --  Report as abuse

“timedonkey wrote:
Texas has been taken over by corporate interest and is the modern day version of forced labor”

Lower tax rates = Better salary and more hiring + increased annual bonuses

If lower tax rates are wrong…. I donwanna be right.

May 28, 2013 1:06pm EDT  --  Report as abuse
LOLatU wrote:

A minimum wage job that pays $7.25/hour in San Antonio, TX, for instance, is equivalent to a job paying $10.30/hour in LA and a job paying $14.21/hour in Brooklyn, NY, using data from CNN’s Cost of Living Calculator. Of course Texas has a lot of minimum wage jobs. We have a lot of jobs, period. We also have no state income tax. When you figure state income tax into the numbers, the disparity is even greater. We also have 6.4% unemployment as of April. California is at 9%, NY is at 7.8%. Have a nice day.

May 28, 2013 1:51pm EDT  --  Report as abuse
RobertDTexas wrote:

Hurrah for Texas! A Lone Star bastion of continued opportunity for good business and the ability to pursue one’s own personal Independence in life! And the continued effort to do away with such freedom and Independence is the true destructiveness of phony hypocrite liberals and socialists. They have absolutely NO conscience against cooking the gooses that lay the golden eggs, so long as they get more gvt employees to indocrinate more children into gvt dependency anbd slavery. They truly are a most malicious lot. Locusts? Yes. Termites too!

May 28, 2013 3:09pm EDT  --  Report as abuse
AlkalineState wrote:

If taxes mattered to where businesses located, Apple would have started up in Goshen County, Wyoming. Fact is, you need smart people who know science (instead of fear science), and you need a place that doesn’t smell like pig poop. A good accountant can fix taxes. They can’t fix hillbilly.

May 28, 2013 3:25pm EDT  --  Report as abuse
QuietThinker wrote:

The job gains in Texas were the result of oil and gas in the Barnett, Haynesville, and Eagle Ford formations. The Republicans did not put that oil and gas there. Take away the oil and gas boom, and Gov. Perry has a net loss in jobs in recent years.

However, Texas really is a good place to do business – largely because of laws put into place decades ago by business oriented Democrats.

May 28, 2013 3:41pm EDT  --  Report as abuse
DSV1 wrote:

Timedonkey has read too much Karl Marx. Perhaps he should stay in a progressive state and pay 30-40+ percent of his earnings to illegal immigrant benefits to build a better marxist/ progressive voter base.

May 28, 2013 3:57pm EDT  --  Report as abuse

” …drug tests for applicants for unemployment benefits – which lawmakers did pass – and for welfare, which they did not.”

Is it me or does anyone else find that bass ackwards? Unemployment is a government insurance program that workers are forced to pay into by law, (via the employer so you don’t see it on your pay stub but – it’s coming out of your pay like it or not). In that sense it’s not unlike Social Security; imagine being denied SS retirement benefits because you were drug dependent? What if addicts who are being denied unemployment benefits can prove they were addicted for the whole time they were employed and therefore contributing to unemployment insurance premiums?

In complete contrast, welfare is a fully unearned hand-out at the expense of working taxpayers, (even addicted ones!), and requiring a drug test for it should be a slam dunk requirement IMO.

May 28, 2013 4:17pm EDT  --  Report as abuse
AlkalineState wrote:

There’s a reason people don’t vacation in Texas. It’s trashed. Say what you like about the place, but anyone who has spent time there, generally does not go back voluntarily.

May 28, 2013 4:23pm EDT  --  Report as abuse
rebel_yell wrote:

“It’s well known that the best return on investment comes from pre-kindergarten through higher education….”

So why did I hear about a study the other day, that said pre-school ed was found to have little effect?

May 28, 2013 4:26pm EDT  --  Report as abuse
DSV1 wrote:

Thinker: The Democratic Party was quite different decades ago versus todays Progressive Party. As for the Eagle Ford formation, if Texas had the same regulations as present-day California, they wouldn’t be able to touch it. Barbara Boxer is already pushing for a total ban of off-shore drilling off the California coast.

May 28, 2013 4:37pm EDT  --  Report as abuse
DSV1 wrote:

Alkaline: Its funny how you say that because the RV sites are constantly full especially during the wintertime with most plates from blue states.

May 28, 2013 4:49pm EDT  --  Report as abuse
JakePannel wrote:

with ideas like that we know why he has been the Gov. of Texas for what 13 years….

May 28, 2013 4:59pm EDT  --  Report as abuse
AlkalineState wrote:

Yeah, that’s not a vacation. That’s people living off your freebies. The medicare free coffee crowd is a cost center, not a source of innovation and revenue :)

May 28, 2013 5:00pm EDT  --  Report as abuse

Texas has it together. Can the Governor send his book of common sense and business approach to the Moon Beam Brown here in Cali.

May 28, 2013 5:40pm EDT  --  Report as abuse
IBDX wrote:

The ‘Center for public Policy Priorities’ is better known by it’s popular name: ‘Center for Pandering Poverty Pimps.’ They have no credibility, but as a left-wing outfit, they are of course quoted religiously by the so-called news media.

May 28, 2013 5:43pm EDT  --  Report as abuse
JamesDrouin wrote:

I don’t know which is worse (or if there’s even a significant difference), the typical low-information leftist voter or the low-information media!!!

Hey, morons, businesses DON’T PAY TAXES!!!

They simply add the government cut to the price the consumer must pay!!!

May 28, 2013 6:56pm EDT  --  Report as abuse
AlkalineState wrote:

Texas in race with Mexico to the bottom.

“Oh yeah, well if we’re so backwards, then how do you explain this awesome pregnant donkey I found in the walmart produce section?”

May 28, 2013 7:11pm EDT  --  Report as abuse
TRE wrote:

The tax cut isn’t big enough to off-set the additional costs passed on to small businesses by ObamaCare, but at least it’s something. Now, if only the federal level were as concerned about helping small businesses – the backbone of America – succeed, then maybe we’d have a fighting chance against the slave labor of China, Malaysia, and other countries with zero human rights.

May 28, 2013 11:49pm EDT  --  Report as abuse
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