To: Constitutionalist Conservative
Am I the only one who noticed this?
In addition, his plan would increase the sales tax rate by 7/10 of a percent to 6.95%, and increase the cigarette tax by $1.
And they call this a tax cut??? Not in my book and I don't smoke.
18 posted on
06/21/2005 3:49:18 PM PDT by
packrat35
(reality is for people who can't face science fiction)
To: packrat35
Am I the only one who noticed this? Umm. No, you aren't the only one to notice it. Hasn't this been described as rearranging the deck chairs on the Titanic?
To: packrat35
Yeah, a .7% increase in sales tax will be bumping some areas into the 10% range. That's a lot of sales tax....
21 posted on
06/21/2005 3:51:47 PM PDT by
Proud_texan
(We have met the enemy and he is us.)
To: packrat35
That cigarette tax increase is going to not work out. It may be good that it encourages more people to quit, but then they also quit paying that tax.
23 posted on
06/21/2005 3:54:09 PM PDT by
Dog Gone
To: packrat35
>>>" In addition, his plan would increase the sales tax rate by 7/10 of a percent to 6.95%"<<<
TRY 8.95%, today it is 8.25%
To: packrat35
That's right, you're not the only one to notice that this is a tax non-cut... it's just moving the tax from real property to sales and cigarette taxes. That sales tax increase from 6.25% to 6.95% can be increased by 2 cents on the dollar by local authorities to fund local projects (e.g. roads, stadiums, other local yokel pet projects), meaning that it will make most Texans' sales tax 8.95%. The only good thing about this is that there's still no state income tax in Texas (yet).
53 posted on
06/21/2005 4:58:09 PM PDT by
mysto
("I am ZOT proof" --- famous last words of a troll.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson