Ok, we hate talking about Tax Bills and such. Math is for four-eyed pasty-white dorks. But, every once in a while we like to act like we're paying attention to the shit some of y'all care about. So, we'll quote from the Statesman's Postcards from the Lege (they just added comments, too...again..welcome to 2003).
Here's how the tax increases break down:
Families with total annual incomes smaller than $100,000 would see their taxes go up, (emphasis added) the analysis says. Those with incomes between $101, 600 and $140,900 would pretty much break even, and those with incomes greater than $140,900 would see a slight tax cut, about 1.5 percent on average.So, you got it right? If you make more then $100,000 per year you're pretty much off the hook for new taxes. If you make less than $100,000 per year you are paying for Texas!The largest increase, 4.1 percent, would hit families with incomes between $22,833 and $31,735. Families with incomes between $31,735 and $51,750 would see average increases of at least 3.5 percent.
Awesome. For my dollar here's what I want:
The real fun is watching all of the business lobbyist run to make sure that they can keep the state's business tax (i.e., the franchise tax) full of loopholes.
A statute of Mary Denny on top if the Capitol Dome.