Posted on 05/04/2005 7:53:51 AM PDT by Chesner
AUSTIN – Lt. Gov. David Dewhurst angrily accused some top business groups of spreading false information about the Senate's tax plan Tuesday, and he issued them a stern warning: It's time to start paying your fair share.
"There are a lot of lobbyists running around the Capitol today that are interested in protecting special interests and loopholes in the [tax] law," Mr. Dewhurst said. Noting that five of six businesses don't pay the state's current franchise tax, he added, "That is called a loophole." .......
My favorite part:
To make his point, Mr. Dewhurst cited a prominent Houston law firm that blasted the Senate tax plan Tuesday. The firm, he said, makes more than $200 million a year – or $650,000 per partner. Under the Senate plan, each would be required to pay $6,000 to $8,000 a year.
"What good Texan is going to have heartburn over them paying $6,000 to $8,000 a year on income of $650,000 to improve the education of our youngsters?" he asked.
(Excerpt) Read more at dallasnews.com ...
Dewhurst too conservative? That's a laugh.
I got a couple "Dewhurst" 'T'-shirts at the last state convention.
Won't be wearing those in public anymore, but they'll still be good polish rags!
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