OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Margins Tax

Issue Position

Date: Jan. 1, 2012

The ugly and unfair Margins Tax that went into effect in 2008 is already doing irreparable harm to small businesses in Texas and is threatening the state's economic stability. We must repeal the tax immediately, return to a broad-based franchise tax, and replace the difference in state income by eliminating wasteful government spending.


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