Paul L. Caron

Wednesday, August 17, 2011

Rick Perry, Texas, and Taxes

TaxVox Blog, Rick Perry, Texas, and Taxes, by Howard Gleckman:

Texas Governor Rick Perry, the latest entrant in the GOP presidential sweepstakes, swaggers into the race as the very personification of a low-tax, small-government, Lone Star politician. But his record on taxes over more than two decades as a legislator and governor turns out to be much more complicated (dare I say nuanced) than that. It suggests, in fact, a politician who has gradually toughened his anti-tax views over the years but remains willing to boost some levies.

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So--the governor of Texas is responsible for the job growth in his state, but no other governor has any responsibilty for job growth in their states because only the President is responsible for all states except Texas.

Can you spell "cognitive dissonance"?

Posted by: Mike | Aug 18, 2011 3:06:57 PM

The median price house in Texas will pay more of its value in property tax than the median priced house in any other state. Meanwhile, the wealthy get sweet deals on their hobby ranches. Even fortune 500 companies can pose as ranchers so long as they run a few cows on their campuses.

Texas also depends a lot on their sky high sales tax.

The few hundred or so people who contribute to Perry's campaign like it that way: Taxes on the middle class and upper middle class, tax breaks for the rich. Whether Mitt Romney or Rick Perry win, this is our future.

Look on the bright side: It could be Arizona.

Posted by: jim harper | Aug 18, 2011 11:04:10 AM

Some Perry critics have also pointed out that Texas relies to a great degree for revenues (and job growth) on its fossil fuel exploration and development, the implication being that its native natural resources give Texas (and Perry) an unearned head start when making comparisons.

However, they fail to point out that the U.S. could also enjoy similar revenues and job growth, if only this administration would, at the very least, remove its current overwhelming regulatory obstacles to domestic/off shore exploration & development, and at best, actively encourage it.

You can't recognize the economic advantages of fossil fuel exploration and development in one instance, and at the same time argue that they wouldn't apply more broadly if domestic energy sources were opened to development.

Posted by: ColoComment | Aug 17, 2011 12:08:00 PM

I think that comment kind of shows Obama's problem.

Posted by: mike livingston | Aug 17, 2011 10:11:28 AM

Lets much of Texas's high jobs comes from government money? Military spending and government contracts. How many Texas politicians have earmarked pork to the Lone Star State. And of course it will be fun to watch the Right try and spin history. Remember the last Texas governor we had? No, that is right Obama was President for the last 11 years. No? Maybe he took over a well run country with a sound fiscal basis. No? But we cannot say that anymore it is rude to let facts get in the way of revisinist history and political spin. Taxes have never been lower but it is fun to pretend that they are high....remember, they renewed the Bush Giveaway to the Wealthy. And to the many who have to pay the sale tax or franchise tax in Texas I am sure they would disagree that taxes are low. And of course the biggest spin of all...Texas is just a state, not a large nation. Little tougher job. And the government, sorry, does not create jobs and neither do tax giveaways. If so we would have plenty of them. Only demand for goods and services do that. Try econ 101.

Posted by: George W | Aug 17, 2011 9:42:50 AM


"Because Obama is AWESOME, you racist!"

Posted by: Dr. K | Aug 17, 2011 6:39:25 AM

Perry is Governor of a State with low taxes and high job growth. Obama heads a country with high taxes and low job growth. It's going to be interesting to watch liberals explain how the latter is really better than the former.

Posted by: mike livingston | Aug 17, 2011 3:14:09 AM