Senate Passes Texas Business Tax Overhaul to Governor Perry
The Texas Senate approved a $3.4 billion business tax overhaul aimed at offsetting property taxes for homeowners. The plan taxes gross receipts at one percent with deductions, while retailers face 0.5 percent, and directs most revenue toward property tax cuts amid a contentious divide with Democrats over school funding and education needs.
MENTIONED IN THIS ARTICLE
Austin
Texas Senate
Rick Perry
Texas
Perry
House
Chamber
Mike Jackson
la Porte
Senate
Gas tax cut won’t solve high energy prices long term
Bush economist Edward Lazear warned that cutting gasoline taxes would spur greater oil use and fail to curb rising prices over time. He noted potential policy concerns tying tax cuts to higher demand, while lawmakers explore relief options like a federal tax holiday or rebates. Education and skills remain a key focus.
MENTIONED IN THIS ARTICLE
Washington
Bush
Edward Lazear
White House
Council of Economic Advisers
Lazear
Robbins seeks $5,000 for Ohio obesity treatment plan
Robbins, an 800 pound man from Austinburg, Ohio, faces death without a yearlong program at Royal Manor in Austinburg. Medicaid covers care but not travel and living costs. he must raise funds for flights, staff transport, and ongoing needs during his stay, to reach and stay in treatment.
MENTIONED IN THIS ARTICLE
Wal-Mart
Robbins
Royal Manor
Austinburg
Ohio
Belinda Carranco
McKay
Carranco
Donation drive aids McKay Robbins Jr. medical fund
Darrance Carrance organizes support for McKay Robbins Jr. as he faces bariatric surgery and a weight loss program at Royal Manor, funded through Wachovia banks in Baytown and an Ohio treatment program. Robbins, a patient using a walker, hopes the care will transform his life and inspire others.
MENTIONED IN THIS ARTICLE
Wachovia Bank
McKay Robbins Jr
Baytown
Decker Drive
Goose Creek faces Robin Hood payments and defunding risk
Creek district could owe four to five million under the Robin Hood plan depending on legislation. The district may see that amount cut from state funding instead of a direct payment to TEA. Bowman noted enrollment growth could erode Goose Creek Chapter 41 status in a few years.
MENTIONED IN THIS ARTICLE
Bowman
Goose Creek
Emergency landing at Houston airport after tire blowout
A Continental Express twin engine aircraft bound for Minneapolis blew a tire on takeoff from Bush Intercontinental Airport. The plane circled to burn fuel and landed safely at 6 22 p.m after reporting the issue at 4 25 p.m. The Associated Press.
MENTIONED IN THIS ARTICLE
Houston
Continental Express
Bush Intercontinental
Minneapolis
The
Associated Press
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