{"id":7810,"date":"2015-01-10T15:44:14","date_gmt":"2015-01-10T15:44:14","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=7810"},"modified":"2015-01-10T15:44:14","modified_gmt":"2015-01-10T15:44:14","slug":"can-the-state-can-cut-taxes-too-deeply-yes","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=7810","title":{"rendered":"Can the state can cut taxes too deeply? Yes"},"content":{"rendered":"\n
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Oil revenue is falling in Texas. The state depends on it to pay for state government.<\/p>\n

Yet the bean counters in the Comptroller’s Office are being told by lawmakers — namely Lt. Gov.-elect Dan Patrick — that the state is not going to ease up on providing tax relief for Texans.<\/p>\n

https:\/\/wordpress.com\/read\/post\/feed\/12395410\/595905125\/<\/p>\n

Comptroller-elect Glenn Hegar’s task is to provide the Legislature with an estimate of how much money the state will have to spend the next two years.<\/p>\n

But those darn oil prices make these projections so very tricky.<\/p>\n

Should the state keep cutting taxes when its revenue stream has been put in jeopardy by forces beyond its control? I don’t think that’s wise government policy.<\/p>\n

That doesn’t deter Patrick and his tax-cutting allies in the Legislature. Patrick told panelists at a Texas Public Policy Forum gathering: \u201cWe expect to be bold and we expect to be big in tax cuts and then I\u2019m going to trust my good friend here the comptroller.\u201d<\/p>\n

The state Legislature, populated by a super-Republican majority led by a TEA party faction that just cannot cut taxes enough — even if it puts important government services in jeopardy — ought to resist the temptation to keep slashing revenue just for the sake of slashing revenue.<\/p>\n

I doubt seriously, though, anyone in Austin will follow that course. It’s politically popular in Texas to cut, cut and cut some more.<\/p>\n

Good luck, Mr. Comptroller, as you prepare to deliver the bad news to our elected representatives.<\/p>\n\n

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Oil revenue is falling in Texas. The state depends on it to pay for state government. Yet the bean counters in the Comptroller’s Office are being told by lawmakers — namely Lt. Gov.-elect Dan Patrick — that the state is not going to ease up on providing tax relief for Texans. https:\/\/wordpress.com\/read\/post\/feed\/12395410\/595905125\/ Comptroller-elect Glenn Hegar’s … Continue reading Can the state can cut taxes too deeply? Yes<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[18,1],"tags":[1255,1925,3398,4592,4653,4718,4719],"class_list":["post-7810","post","type-post","status-publish","format-standard","hentry","category-state-news","category-uncategorized","tag-dan-patrick","tag-glenn-hegar","tag-oil-revenues","tag-texas-comptroller","tag-texas-legislature","tag-texas-taxes","tag-texas-tea-party"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/7810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7810"}],"version-history":[{"count":0,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/7810\/revisions"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}