Conservative Coalition Speaks. 7 Reasons Why Franchise Tax Reform Time is NOW!

7 Reasons to support eliminating the franchise tax brought to you by the Conservative Coalition:

• Economist Brian Domitrovic says Texas is making the mistake of becoming California. It needs to cut taxes.
• “displacement of the private sector economy is underway, and it is a path to economic calamity”
•  Sen. Kevin Eltife, R-Tyler, said the franchise tax “was a failure, and I’m all for repealing it.”
• Sen. Craig Estes, R-Wichita Falls supports his bill that would immediately repeal the tax
• The House’ has $7 billion available below the state’s spending limit
• The Senate has $4 billion in tax relief and still has $4.5 billion left below the limit
• Beacon Hill Institute at Suffolk University estimates that 4 years after repeal:
  • 42,000 new jobs created
  • net new investment of $3.4 billion
  • and new personal disposable income of $9.8 billion.

Ft. Worth Star Telegram