News8Austin: Senator, religious leaders support income tax for school finance
Texas Impact and other religious groups organized "Funding the Future of Texas."Sen. Eliot Shapleigh, D-El Paso, shared his message with Texans. The First United Methodist Church in downtown Austin is one of 40 stops the senator has made in the past year.
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Education is the number one industry in Texas. It employs more people and requires more money than any other industry, so Shapleigh said it should have its own pool of taxpayer money.
"You lower the property tax very significantly, down to from about $1.50 to $.15, and you go to a flat tax, an income tax dedicated to one thing, which is education," he said.
But the session ended with no replacement for the current Robin Hood system that takes property tax money from wealthier school districts and gives it to poorer ones.Education experts at the forum support a personal income tax; Texas is one of nine states without one.
"That limits us to being able to only tax property and tax consumption, and when the economy constricts and values go down and people don't have money to spend buying things, then revenues fall even though the needs in the state do not decline," Louis Malfaro of Education Austin said.Copyright ©2004TWEAN News Channel of Austin, L.P. d.b.a. News 8 Austin
I'll say it once more. Oppose all state income tax plans!
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