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Sales tax slide continues
It was another double-digit decline for Texas’ sales tax collections in October, Comptroller Susan Combs reported on Friday.
The state’s October collections, which reflect sales in September, were down 12.8 percent from the same month a year ago to $1.52 billion.
Falling sales tax collections have been the norm for months now and are expected to continue at least through the end of the year.
The sales tax provides about half of the state’s general revenue, which pays for education, prisons and other basic obligations.
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By ROBERT DAVIS
November 9, 2009 7:41 AM | Link to this
We need to cut off the money to DC or we will never compete in a world economy with the nuts in DC spending us into the poor house. LLoyd Doggett needs to be throw out of office as one who have been there through it all and never even cared about debts of ouf kids. Let that Plaintiff Attorney try working for a living for a change. He needs the education.
By ROBERT DAVIS
November 9, 2009 7:40 AM | Link to this
We need to cut off the money to DC or we will never compete in a world economy with the nuts in DC spending us into the poor house. LLoyd Doggett needs to be throw out of office as one who have been there through it all and never even cared about debts of ouf kids. Let that Plaintiff Attorney try working for a living for a change. He needs the education.
By ROBERT DAVIS
November 9, 2009 7:12 AM | Link to this
We need to cut off the money to DC or we will never compete in a world economy with the nuts in DC spending us into the poor house. LLoyd Doggett needs to be throw out of office as one who have been there through it all and never even cared about debts of ouf kids. Let that Plaintiff Attorney try working for a living for a change. He needs the education.
By Pat
November 6, 2009 11:43 PM | Link to this
“Governor Perry has offered no resistance to the doubling of Texas state debt on his watch. At a time when our economy is more unstable than most have seen in our lifetimes, has the Governor sounded a single warning? The “Perry Math” claims a balanced budget which equals good times in Austin, but basic math, the kind we teach in Texas schools, proves something quite different when it comes to our state budget. According to our Texas Constitution, the amount of money spent to pay back debt in Texas cannot exceed 5% of our general revenue . As of August 31, 2008, our debt payments were at 4.09% and the Legislative Budget Board puts that number at 4.27% in May 2009. That means 85% percent of our credit limit is used up. Our debt went from $12 billion in 2000, to $31 billion in 2008 . In eight years, under Governor Perry’s leadership, we more than doubled the amount of our state debt! Spending all we take in and doubling our debt is no balanced budget and it’s certainly not limited government. While many Texans have had to greatly reduce our personal spending; cutting costs at the grocery store, carpooling to work, and picking up part time jobs to make ends meet, the spending continues and the debt increases under Governor Perry’s leadership in Austin.”
By missimo
November 6, 2009 8:13 PM | Link to this
Are you people on some kind of serious medication? Seriously?
By enough
November 6, 2009 4:52 PM | Link to this
Robert,
I am not sure I agree with you. AAS did give some good coverage on the outrageous bonuses that our beloved ‘dear leader’ of the AISD will be getting. Then they unfortunately published the head of the AISD trustees misleading rebuttal ‘justifying same’ where he additionally claimed that the AISD tax rate didn’t go up this year… yeah but our appraisals went way up.. end result ..we always pay more year after year to AISD’s frivolous spending sprees.Mr. Williams you cant really honestly claim that you are implementing the recommended AISD savings of $110 million when you only implement approx 6% of the suggested savings. Don’t come ask for more money or more bonds for AISD!!
By enough
November 6, 2009 4:39 PM | Link to this
Robert,
I am not sure I agree with you. AAS did give some good coverage on the outrageous bonuses that our beloved ‘dear leader’ of the AISD will be getting. Then they unfortunately published the head of the AISD trustees misleading rebuttal ‘justifying same’ where he additionally claimed that the AISD tax rate didn’t go up this year… yeah but our appraisals went way up.. end result ..we always pay more year after year to AISD’s frivolous spending sprees.Mr. Williams you cant really honestly claim that you are implementing the recommended AISD savings of $110 million when you only implement approx 6% of the suggested savings. Don’t come ask for more money or more bonds for AISD!!
By Tom Gleinser
November 6, 2009 4:38 PM | Link to this
Sales tax revenue continues to slide. Keep it up America. The only way to end the threat of explosive government growth is to starve it. Don’t do anything that you can possibly not do that will contribute to government thievery.
By Robert
November 6, 2009 4:12 PM | Link to this
lol the statesman is real upset about the sales tax. like if i was a reporter i would be so upset about sales tax being down. WHAT A CROCK OF PRO GOVERNMENT SCAT FROM THE PRO GOVERNMENT STATESMAN
By Robert
November 6, 2009 4:08 PM | Link to this
lol the statesman is real upset about the sales tax. like if i was a reporter i would be so upset about sales tax being down. WHAT A CROCK OF PRO GOVERNMENT SCAT FROM THE PRO GOVERNMENT STATESMAN
By Robert
November 6, 2009 4:07 PM | Link to this
lol the statesman is real upset about the sales tax. like if i was a reporter i would be so upset about sales tax being down. WHAT A CROCK OF PRO GOVERNMENT SCAT FROM THE PRO GOVERNMENT STATESMAN
By enough
November 6, 2009 1:59 PM | Link to this
What’s the problem? We will just keep raising the other taxes. People have money in their mattresses instead of spending them .. we will find them and get all that money circulating again. I mean all of us public paid employees got bills to pay.
By enough
November 6, 2009 1:57 PM | Link to this
What’s the problem? We will just keep raising the other taxes. People have money in their mattresses instead of spending them .. we will find them and get all that money circulating again. I mean all of us public paid employees got bills to pay.
By Tommy Jefferson
November 6, 2009 12:37 PM | Link to this
But wait. The Obama/Bush spendulus programs that transfered trillions of our grand-children’s dollars to the banksters was supposed to prevent this.
If this reporter wishes to keep her access to the Halls of Power in Austin, she’d better get to work writing an essay explaining how this is not the government’s fault.
I recommend blaming that mean, old “Free Market”. You know, that part of our economy not controlled by Congress and the Federal Reserve.