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Issue Position: Promoting Jobs and Reducing Taxes

Issue Position

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Texas has a strong pro-business environment and we are blessed with a strong economy. We offer an educated workforce, lawsuit reforms which have become the model for the nation, and no state income tax. One of my goals this session was to review ways to ensure that small businesses were not bearing unfair burdens as a result of the Margins Tax. I'm especially pleased to report that we cut taxes for small businesses by raising the total revenue exemption to $1 million. This tax cut will benefit approximately 40,000 Texas small businesses. During these tough economic times, small businesses need help to survive the national recession and cutting their taxes was the right thing to do. More broadly, I am a strong proponent of limited government, lower taxes, and promoting job creation through free enterprise.


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