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Sun Nov 30, 2014, 02:54 AM

Abbott seeks new spending but wouldn’t raise tax revenue

AUSTIN — Gov.-elect Greg Abbott has proposed some new education, border policing and social services programs, which would expand Texas’ general-purpose spending by slightly more than 1 percent.

Over the next few years, he also wants to increase highway spending by several billion dollars.

But Abbott takes a hard line against any increase in tax revenue to pay for them. He wants to fund his spending priorities from existing revenue, which is bountiful because of the state’s strong economy. Abbott also is promising to scrap wasteful programs, though he hasn’t offered details.

“We will ensure the public sector doesn’t smother the private sector,” Abbott said early in his campaign, as he unveiled eight desired changes in budgeting procedures.

Read more: http://www.dallasnews.com/news/state/headlines/20141129-abbott-seeks-new-spending-but-wouldnt-raise-tax-revenue.ece

[font color=green]In Republicanspeak, he will raise fees instead.[/font]

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Reply Abbott seeks new spending but wouldn’t raise tax revenue (Original post)
TexasTowelie Nov 2014 OP
Gman Nov 2014 #1
vinny9698 Nov 2014 #2

Response to TexasTowelie (Original post)

Sun Nov 30, 2014, 11:17 AM

1. And the price of oil (along with tax revenue) craters

causing revenue budget shortfalls and things get worse.

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Response to TexasTowelie (Original post)

Sun Nov 30, 2014, 05:52 PM

2. Their other big tax cuts for the rich plan is to do away with property tax and increase the sales

tax.
This way property owners will get windfalls, and the peons will pick up the tab with a larger sales tax.
Jindal tried this in LA, to get rid of the state income tax and raise the sales tax, the public revolted even the GOP saw what it was a big tax cut for the rich and a large tax increase for the rest of us.

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