Latest Tax Gimmick

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As the Memorial Day travel weekend begins, some Texas lawmakers are trying to push through a three month "holiday" from the state's 20-cents-per-gallon excise tax on gasoline. The editorial board at the San Antonio Express News calls this an unaffordable exercise in "irresponsible pandering," arguing that the Texas-sized cost of the holiday - up to $700 million - would drain a projected budget surplus on which multiple claims have already been made.

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This page contains a single entry by published on May 25, 2007 4:18 PM.

Using the Tax Code to Promote Postsecondary Education: We Might as Well Do It Right was the previous entry in this blog.

Oil Companies Targeted by Tax State Proposals is the next entry in this blog.

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