Tuesday, June 27, 2017

#TXLEGE: anti-Innovation, anti-Startup, pro-Incumbent protection racket throws taxpayers under bus....

"And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore"
Revelation 18:11

Here's the thing about the Texas Association of Business: They've always been for big government (big government that incumbent industries from startups).  It's only been in recent years, as they've gone further in embracing the left wing social agenda, that folks have begun to figure them out.  But this afternoon's news is nothing new:
Going forward, Wallace said [the Texas Association of Business] might have reason to change its tune on another key bill for the legislative session, Senate Bill 2, which would restrict the growth of property tax rates at a municipal and county level.

TAB, which has previously been neutral on the topic, is holding a board meeting on Friday, and will likely discuss the topic there.

Wallace said the savings lawmakers are touting for SB2 might not be as significant as some in business originally thought. He said the savings doesn’t pan out when compared to the risk cities, counties and community college districts take on with a capped amount of revenue they can take in each year.

Until the TAB board of directors reevaluates its stance on SB2, the group is imploring lawmakers to revisit school finance.
Indeed last session, in an attempt to derail a relatively modest piece of property tax relief, TAB instead backed a dopey scheme to cut a sales tax about which nobody is complaining.

Bottom Line: It's par for the course....

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