Issue Position: Grow and Strengthen our Economy

Issue Position

Date: Jan. 1, 2016

Lowering Taxes

Taxes should be lowered so that hardworking taxpayers can keep more of what they earn in their own pocket -- where it does the most good. During the 83rd Legislative Session I passed legislation spurring stable job growth by providing substantive tax relief for small and mid-sized Texas businesses. Most recently, during the 84th Legislative Session, I proudly co-authored legislation providing the largest tax cut in Texas history -- giving Texas business and property owners nearly $4 billion in tax relief!

Repealing the Franchise Tax

I am committed to the full repeal of the onerous franchise tax. Flawed from its inception, the franchise tax has created harmful strains on our state's economy. According to a 2012 Tax Foundation estimate, the full elimination of the franchise tax would move Texas' corporate tax ranking from 38th to 1st among all 50 states. I will continue to advocate for legislation aimed towards its full repeal.

Reducing the Size & Scope of Government

I will continue to work vigorously to remove unnecessary regulations in order for businesses to grow and create new jobs, while reducing the size and scope of government to create more economic freedom for individuals, families and businesses in Texas.


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