Wednesday, March 09, 2005

Texas House to raise taxes on low income, lower on high income taxes

Charles Kuffner at Off the Kuff has the dirt. House Bill 3 (HB3) will raise taxes on everyone except the very richest Texans. These are the headlines in Texas Newspapers:

Houston Chronicle: Tax bill called best for richest

San Antonio Express-News: Tax bill has silver lining for richest

Austin-America Statesman: Study finds poor Texans would bear brunt of tax changes

Fort Worth Star-Telegram: Study: House bill would raise most Texans' taxes

Dallas Morning News: Analysis: Tax bill would benefit richest

Kevin Drum has a good chart showing who gets tax relief and who get higher taxes. The Chart shows a clear Republican bias.

2 comments:

Anonymous said...

Republicans screwing the middle and low income again.

Anonymous said...

Anyone wonder why the oil companies can say they are having production problems and
The price of oil goes up through an auto company says it is having trouble and its stock falls am I the only one that sees the oil companies are taking the consumers to the cleaners and we are doing nothing and that the major income of the Bush family is oil revenue and you ask why does the President not help DUH!!!!!!