Thursday, March 30, 2006

Perry Releases His Own Tax Plan

It's amazing how some of the different news agencies are spinning Perry's plan..

KTRE News from Nacogdoches says:


Governor Rick Perry is praising the
Texas Tax Reform Commission for its work and said he wholeheartedly supports
the commission’s plan, which would provide a record $6 billion property tax
cut while overhauling the state’s antiquated business tax structure.

I don't see any mention of the cigarette tax increase in the article.

KWTX in Waco reports:

Gov. Rick Perry is praising a tax
plan unveiled Wednesday that would give Texas homeowners a property tax
break paid for by new taxes on smokers and businesses, but Texas physicians
are balking at a proposal to tax health care services and Democrats
questioned Perry’s commitment to improving public schools.
News Channel 8 in Austin reports:


The cigarette tax would increase by a $1 from 41 cents to $1.41 per pack. That
would bring in about $800 million
I have to give the Perry campaign credit for spinning the 4 Billion Dollars in new revenue as a "restructured business tax".

As seen on the Burnt Orange Report, it seems that ultra-left opponent Chris Bell doesn't think the plan is too far off..(just 1 billion dollars!)


"at least his tax plan is pointed down the right road. A broad-based business
tax to raise money from the business community "
I am sure hearing that Bell thinks Perry is going "down the right road" brings warmth to every fiscal conservative's heart.

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