Texas Business Group Offers Tax Cut Plan

When Texas lawmakers found out they’d have more than $101 billion to spend this legislative session, some immediately began calling for tax cuts. Now, one prominent business lobbying group has laid out its idea for what those cuts could look like.

Audio: Ben Philpott's story for KUT News

For Bill Hammond, president of the Texas Association of Business, it’s a simple formula: Keep taxes low and the Texas economic engine keeps on chugging. Hammond says making permanent the business tax exemption for companies that bring in less than $1 million in gross receipts would fuel the economy ...

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