Home >> Research >> Taxes

More Information

Related Topics

• Congressional Proposals Would Extend Tax Breaks for Small Group of Wealthy Texans While Ending Help for Thousands of Working Families
• Who Pays Texas Taxes?
• Replacing Property Taxes with Sales Taxes is the Wrong Answer for Texas Families and Public Schools

Also by Eva DeLuna Castro

• Texas Funding for Schools Much Lower Than Before Recession
• Joint Budget Hearings Now Under Way at the Capitol
• Texas' Budget Process Moves Further Away From Reality

Also by Dick Lavine

• Statement: National Task Force Calls for Reform of State Tax and Budget Systems
• Federal "Digital Goods and Services Tax Fairness Act" Would Reduce Revenue and Promote Tax Avoidance
• Time Proves State’s Refusal to Spend Rainy Day Fund Misguided; What We Should Do Now and for the Future

Prudent Stewardship of the State's Budget

  

Authors:
Eva DeLuna Castro /(512) 320-0222 x 103
Dick Lavine /(512) 320-0222 x 101

November 28, 2006

Read Full Article >>  

The Speaker has projected $15.5 billion in “surplus funds” for the 2008-09 budget cycle. If “surplus” means “more than we had,” the Speaker may be right. If “surplus” means “more than we need,” then, as this Policy Page explains, we do not have a surplus at all; we are $3 billion short.