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Despite having far lower taxes than California Texas has a huge surplus!

Author: Curly1918 (16233 Posts - Joined: Aug 30, 2017)

Posted at 4:42 am on Jan 14, 2025
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Hopefully the hordes fleeing the “Golden State” (sic) are not the ones who voted for crazed woke politicians

Link: https://www.cbsnews.com/texas/news/texas-has-nearly-24-billion-surplus-and-more-than-28-billion-in-rainy-day-fund/

Replies to: Despite having far lower taxes than California Texas has a huge surplus!


Thread Level: 2

Another case of you not reading your links...

Author: TyroneIrish (19866 Posts - Joined: Oct 8, 2020)

Posted at 2:26 pm on Jan 14, 2025
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...from that article...
-----------------------
We spoke with lawmakers about the surplus and how they believe the state should spend it. Incoming freshman Representative, Shelley Luther, R-Grayson County, said she is focused on property tax relief.

"Our property taxes are crazy high in Texas and people are getting taxed out of their homes," said Luther. "You don't own your home in Texas ever. You can pay it off, but if you don't pay your taxes, you don't have a home. We have got to give them some property tax relief immediately, that's first and foremost."

Representative Salman Bhojani, D-Euless, said he is looking at property tax relief but also making key investments in the state's infrastructure.

"I think we need to think about long-term and short-term," Bhojani said. "The long-term water infrastructure is in real need of repair and fixing. I think that's going to cost $150 billion in the next 50 years. Our schools are not funded well. They want them fully funded. Our teachers are not getting enough salaries. We need to pay teachers a living wage. Then we may think about giving property tax relief like we did last session."

------------------

Plus, as my link explains, Texas got its surplus from "inflation" (higher sales tax revenue), and spiking gas prices...neither were the result of prescient state planning.


Link: https://www.kxan.com/news/texas-politics/where-did-texas-record-budget-surplus-come-from/

Thread Level: 3

I will admit that I never read yours... though I'm sure I could find a line or two I'd agree with.

Author: Curly1918 (16233 Posts - Joined: Aug 30, 2017)

Posted at 7:59 pm on Jan 14, 2025
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Reality is not black and white... even if you only see it that way.

Thread Level: 4

LOL...I'm talking about you reading your own links ;-)...see what happens when you don't?...

Author: TyroneIrish (19866 Posts - Joined: Oct 8, 2020)

Posted at 11:29 pm on Jan 14, 2025
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you end up looking like a fool...your choice...just trying to help.

Thread Level: 2

Californians move to Texas-Epidode 1

Author: Shadow_of_the_Dome (4606 Posts - Original UHND Member)

Posted at 9:47 am on Jan 14, 2025
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There are 6 episodes if this gives you a chuckle

Link: https://youtu.be/HlDWzN6TW5Y

Thread Level: 2

Yes, good for the free markets and their positive effect on the responsible and hard working.

Author: THEISMANCARR (17161 Posts - Joined: Aug 10, 2007)

Posted at 8:08 am on Jan 14, 2025
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