Wednesday, March 16, 2011

The Rainy Day Fund will help, but a permanent fix to Texas tax inequities is needed

The funding crisis Texas is facing is much bigger than only school funding, even bigger than the entire $27 billion deficit.  This is an ongoing problem, year after year, as Texas tries to get all the money it needs for government, and a nice mansion for the current governor, disproportionately from the poor.  The taxes in Texas need to come equally from all income levels so that everyone is paying the same proportion of their income in taxes.  What is wrong with that? 

If the wealthy paid the same percentage of their income in state and local taxes as the poor, Texas would not have a deficit.

From 6:30 to 9:30 AM this past Monday and Tuesday I stood with this sign at the entry way where legislators slow down to put their card into the reader to open the gate to the underground parking garage.  They were polite and many gave strong verbal approval for this sign.  Now we need to see action that moves the bills now before legislative committees out to the floor of the House and Senate for a vote.   The legislators can fix this crisis by simply practicing equality, all income levels paying their fair share.   What is the problem with that?   See www.TexasFlatTax.com for details.