Tax Troubles for Transient Texans

Imagine for a moment that you own commercial lease space. You know the current economic conditions are pressuring your tenants. How will you maintain cash flow to keep from going under yourself? You have three basic choices: 1) maintain the status-quo and pray for the best, 2) raise the lease rate on expiring contracts to help offset potential tenant losses, or 3) re-negotiate the current leases at a lower rate and lock the tenants in through the downturn?

Smart property owners in Austin, Texas are choosing option three; Not so with the 81st Texas Legislature. The 81st is pursuing the failed policies of big gov'ment liberals; they like option number two. Milk transient Texans for all you can as they die off one-by-one.

Let me explain. I'm not talking about destitute Texans; it's those that use gasoline that are in danger. State Legislators are considering bills that would immediately raise the gasoline tax by fifty percent!! The gas tax could easily go from twenty cents to thirty cents, and over time it could reach forty-five cents or one-hundred twenty five percent of the current amount.

There are a number of transportation related bills that you need to pay attention to. A coalition of Texas conservatives says,

"The transportation tax package (HB 9, HJR 9, and SB 855) passed by the House
Transportation Committee contains the wrong ideas at the worst possible time." - http://www.texaspolicy.com/

This transportation package has traction in the 81st Texas Legislature. You better get out of the car and go see your elected officials on this issue or buckle up your wallet! Stay on top of these bills and contact your representative at www.politicalhope.com/resources

God Save Texas