Texas News

News > Texas News > Texas budget woes spur scrutiny of corporate tax breaks

Texas budget woes spur scrutiny of corporate tax breaks

The head of the House's tax-writing panel wants to find new money to minimize painful cuts to programs for needy Texans next session.  So as they have each month since January, Rep. Rene Oliveira and his Ways and Means Committee spent hours Tuesday poking and prodding various industries and trade groups about the merits of keeping or killing their favorable treatment in state tax laws.

It was a preview of the long dance sure to dominate next year's legislative session. Members of both parties hurled thinly veiled threats and barbs at corporations, such as State Farm Insurance and Dow Chemical, for assorted perceived transgressions.
 

Texas News

Blue Bell Creameries will survive the crisis caused by a recent recall of products prompted by a finding of...
Authorities say the arrest of the man who headed the once powerful Gulf Cartel sparked the gunfights and blockades...
A Texas veterinarian has been fired from her job and authorities are looking into whether animal cruelty charges...
AUSTIN (AP) — Texas moved closer Friday to becoming the most populous state to allow licensed open carry of...
The Texas unemployment rate slipped to 4.2 percent in March for the seventh straight month of declines. The Texas...