houston news, houston local news, breaking news in houston, houston weather at newscast media





















Gov. Perry proposes returning extra funds to Texas taxpayers

gov perry

Texas Governor Rick Perry Photo by Joseph Earnest


by Joseph Earnest  January 30, 2013


Newscast Media AUSTIN, TexasGovernor Rick Perry gave his seventh State of the State address to the 83rd Legislature, in which he talked about developing a mechanism that allows the state to return unused funds to Texas taxpayers. The Texas rainy day fund has about $8.2 billion that has not been tapped. This emergency fund will soon have $12 billion.

"We've never bought into the notion that if you collect more, you need to spend more. Today, I'm calling for a mechanism to be put in place so when we do bring in more than we need, we'll have the option of returning tax money directly to the people who paid it. Currently, that's not something our constitution allows. We need to fix that," Perry said.

"While Washington, D.C., can sometimes seem entirely non-responsive and is increasing the tax burden on Americans, and other states are scrambling to grab every tax dollar they can, I'm proud that in Texas, we're talking about the best way to give money back," Perry added.

Below is the video of Gov. Perry's address:


 Add Comments>>







       Find newscast media on youtube for houston news and local breaking news        get newscast media news feeds for breaking news, houston local news and world news.          Get our facebook updates on world news, houston news and houston local news including sports         Twitter

 Join the Newscast Media social networks

for current events and multimedia content. 





 Copyright© Newscast Media. All Rights Reserved. Terms and Privacy Policy