Wednesday, July 13, 2005

HoustonChronicle.com - Swallowing a nasty pill: Texas Senate approval of a school finance plan without new business taxes just postpones badly needed

HoustonChronicle.com - Swallowing a nasty pill: Texas Senate approval of a school finance plan without new business taxes just postpones badly needed reform: "THE Texas Senate rejected proposed business partnership taxes that would have helped to cut property taxes and pay for public education. The vote Sunday again demonstrates the lack of political will in Austin to face up to a long-festering problem that, uncorrected, will infect the state's economic and social well-being.

By mandating sizable property tax reductions that benefit upper-income homeowners and businesses the most while raising consumer taxes that hit middle- and low-income people the hardest, lawmakers have taken a low road that guarantees a replay of the debate two years from now."

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