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Do you support a state income tax?

Discussion in 'BBS Hangout: Debate & Discussion' started by strosb4bros, Jul 9, 2025 at 11:09 PM.

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Texas State income tax?

  1. 1-2% marginal

    1 vote(s)
    8.3%
  2. 1-4% marginal

    0 vote(s)
    0.0%
  3. 1-6% marginal

    0 vote(s)
    0.0%
  4. 1-8% marginal

    2 vote(s)
    16.7%
  5. No, keep things as they are

    9 vote(s)
    75.0%
  1. JuanValdez

    JuanValdez Member

    Joined:
    Feb 14, 1999
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    The rainy day fund is completely full at $28.5 billion. That's the current cap. Revenues that continue to pour into it spill into the General Fund now. So, on the one hand, there is plenty of money in the fund to address infrastructure if we wanted to. On the other hand, because of the cap, we will start having more money in the General Fund to spend on stuff and we can leave the rainy day fund for emergencies if we want to. Either way, as I said earlier, Texas doesn't have a revenue problem. It has a problem with willingness to spend.
     

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