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Government
The total Texas tax bill in 2005 was 65.2 billion dollars. Governor Perry will call a special session of the legislature beginning on Monday, April 17, at 2 p.m. to meet the Texas Supreme Court's June 1 deadline for tax reform. Chart credits - Texas Tax Reform Commission with data from the Texas Comptroller's Office. Part 1 of Texas tax reform: Gov. Perry announces special session of legislatureTexas Supreme Court requires tax reform by June 1 From the Office of Rick Perry, Governor of Texas March 17, 2006
“The Texas Supreme Court has ruled that Texas’ current tax system must be reformed by June 1,” Perry said. “This special session provides legislators of both parties a rare opportunity to significantly reduce property taxes, make substantial reforms to the franchise tax so it is fairer and broader, and ensure our schools have a reliable and constitutional stream of revenue.” The governor will issue a proclamation outlining the specific issues for the session at a later date. |
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