Being able to go to voters and say you have signed a bill to cut taxes is always a good thing, especially in a GOP primary.
The Texas House has given initial approval to a bill that would exempt about 40-thousand small businesses from paying the state's business tax. KUT's Ben Philpott reports eliminating the tax for businesses with less than a million dollars in revenue has been a priority for just about every lawmaker this session.Being able to go to voters and say you have signed a bill to cut taxes is always a good thing, especially in a GOP primary.
Lawmakers came into the session wanting to make the change. Governor Rick Perry even mentioned the need for some kind of business tax tweak in his State of the State address in January. So it was no surprise the bill gained initial approval with unanimous support. The only debate came when bill author - Brownsville Democrat Rene Oliveira had to fend off attempts to exempt other business from the tax.