The governor’s tax-cutting-at-any-cost ideology has once again come back to bite us. He suspended the replenishment tax last year for the Texas unemployment trust fund, which today suddenly faces a $447 million deficit. Good timing there, Guv.
9 comments
It looks like he may be losing his job, too. Ironic.
@ 9:04 am on January 23, 2009
Surplus? What surplus?
@ 9:32 am on January 23, 2009
It’s not a bug, it’s a feature.
@ 9:43 am on January 23, 2009
In other Rick Perry news today…At least he is upholding the tradition of Separation Between Church and State:
Gov. Rick Perry: Telling Moses about the flood
Gov. Rick Perry, in the middle of describing the nursing shortage at the Texas Hospital Association Leadership Conference, stopped himself as he realized the health experts in his audience are all too familiar with the problem.
“I’m telling you all – I’m like telling Moses about the flood here,” he said.
Rick Perry’s tax ideology also created an incentive for many businesses to open in Texas, or to relocate to Texas (thus, creating many new jobs, and keeping the unemployment rate among the nation’s lowest)
In the meantime, California whom we cannot blame for taxes being too low, has its unemployment trust fund deficit heading $2.7bln in 2009.
I guess it’s pick your poison. High taxes with higher deficit… Or lower taxes with lower deficit and less unemployment.
Wait…
And does anyone want to join Wick in sending more of their money in to help offset the deficit?
@ 11:29 am on January 23, 2009
I love you, Ana.
@ 11:30 am on January 23, 2009
Ana – It isn’t so black and white as you try to portray. He totally suspended the replenishment tax. Texas could still have lower taxes than the rest of the nation and keep that tax.
Most corporate relocations to Texas did not happen under Perry’s watch – it was prior governors.
@ 11:57 am on January 23, 2009
FrontBurner® launched in March 2003, the first blog in Dallas run by a media organization. This is where the editors of D Magazine come to waste a tremendous amount of time.
9 comments
It looks like he may be losing his job, too. Ironic.
Surplus? What surplus?
It’s not a bug, it’s a feature.
In other Rick Perry news today…At least he is upholding the tradition of Separation Between Church and State:
Gov. Rick Perry: Telling Moses about the flood
Gov. Rick Perry, in the middle of describing the nursing shortage at the Texas Hospital Association Leadership Conference, stopped himself as he realized the health experts in his audience are all too familiar with the problem.
“I’m telling you all – I’m like telling Moses about the flood here,” he said.
He caught himself.
“Or Moses about – one of those events -”
http://blogs.chron.com/texaspolitics/archives/2009/01/gov_rick_perry_9.html
I’m glad those tax cuts created all these jobs…
Rick Perry’s tax ideology also created an incentive for many businesses to open in Texas, or to relocate to Texas (thus, creating many new jobs, and keeping the unemployment rate among the nation’s lowest)
In the meantime, California whom we cannot blame for taxes being too low, has its unemployment trust fund deficit heading $2.7bln in 2009.
(full report state-by-state: http://www.nelp.org/page/-/UI/Trust%20Fund%20Solvency%20Update%202008-Final.pdf)
Ana’s got a point there.
I guess it’s pick your poison. High taxes with higher deficit… Or lower taxes with lower deficit and less unemployment.
Wait…
And does anyone want to join Wick in sending more of their money in to help offset the deficit?
I love you, Ana.
Ana – It isn’t so black and white as you try to portray. He totally suspended the replenishment tax. Texas could still have lower taxes than the rest of the nation and keep that tax.
Most corporate relocations to Texas did not happen under Perry’s watch – it was prior governors.