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House Bill 2 would cut school property tax rates and limit how much property values can increase annually. Its approval sets up a potential showdown with the Texas Senate over their opposing tax relief packages. ....
There’s broad, bipartisan support in the Texas Legislature for using the state’s record surplus to cut taxes, but the Senate and House are at odds on how to accomplish that goal. ....
Gets to the senate tell america that it s mean, that it was mean of the house of representatives to raise the bottom tax bracket or mean to eliminate the deductibility of state and will call taxes and the same thing as a tax increase on the people that deduct state and local and property tax cuts. that s a huge issue for new york, california and passing a tax bill in the house without that you are votes is virtually impossible. if the republicans do manage to get the massive tax cuts bill through the house, two republicans in the senate already made demands that would make it impossible for the massive tax cuts bill to get those senators votes in the senate. senator bob corker said there s no way that a tax cut bill that adds to the deficit will pass and there s no way that he, bob corker, will vote for it. ....