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Posts Tagged ‘tax cuts’

Sunsetting tax expenditures

Sens. John Carona and Rodney Ellis have the right idea. Over the past 18 months, many of our constituents told us they have trouble finding a reliable, accurate and up-to-date source of information on these tax breaks, exemptions and special treatments — often called tax preferences or loopholes. Unfortunately, so do we. The Legislature makes […]

The tax question

So Bill White gave a straightforward answer to a question about taxes, and everybody goes nuts. Well, Rick Perry and his minions went nuts, and everybody else followed. The former Houston mayor, asked by the Tribune’s Evan Smith whether he would rule out tax increases in the face of looming budget shortfall, declined to do […]

John Cornyn: For deficits before he was against them

There are many ridiculous things about our political discourse these days. Among them is the discussion of long-term federal budget deficit projections, in which the vast majority of Republicans, especially those who have been in office for more than a few years, are doing their best to deny that the Bush Administration ever existed. Take, […]

The city’s current budget situation

With the way the economy has been over the past year, we shouldn’t be surprised that the city of Houston is facing a revenue shortfall – the same thing is happening at the state level as well. The question is how are we going to deal with it. “The city of Houston’s finances are in […]

The reason we need a credible Democratic candidate for Governor, in a nutshell

In case you missed it, the far right wing Sen. Jim DeMint of South Carolina offered an amendment to the economic stimulus bill during all the sausage-making last week. Here’s what he proposed: o Permanently repeal the alternative minimum tax once and for all; o Permanently keep the capital gains and dividends taxes at 15 […]