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Keep Taxes Low

Helping Small Businesses and Farmers Invest in Growth

Every week, I hear from farmers, ranchers, and small business owners who are hoping for a simpler, fairer tax code that will help them grow their businesses. Tax reform can help us strengthen the economy and create jobs. How? Well, for one thing, small businesses waste about 1.7 billion hours each year on tax compliance. And small businesses spend more than $18 billion each year on tax compliance costs

at Apr 15, 2014 9:44 AM
       

Austin Outsider Hopes To Pop The Austin Bubble In Race For Williams’ Senate Seat

The chatter around the Capitol so far about the race for the Texas Senate seat formerly held by Sen. Tommy Williams, R-The Woodlands, has primarily focused on the two House members in the contest: Rep. Steve Toth, R-The Woodlands and Rep. Brandon Creighton, R-Conroe. But, a lesser-known candidate by the name of Gordy Bunch, a successful businessman and a member of the equivalent of the city council in The Woodlands, says he’s working hard to get his supporters out and “get ‘er done” in the May 10 special election.

Bunch, who was first elected to The Woodlands Township Board of Directors two years ago, says he’s been able to use his business experience to help create one of the best-running governments in the state. Indeed, The Woodlands has seen taxes decrease and debt has been paid down while services have been expanded.

at Apr 11, 2014 11:42 AM
       

The Oil and Natural Gas Boom Continues

The recent uptick in American energy production is one of those economic miracles not thought possible a decade ago. Oil and gas production will reduce the United States' dependence on imports, and we may be become an energy exporter, something that will strengthen our international status, which is at a low point under the present Administration's policy.

at Apr 8, 2014 12:59 PM
       

Cornyn Introduces Bill To Protect Taxpayers From IRS Targeting

I issued the following statement after introducing The Eliminating Improper & Abusive IRS Audits Act of 2014 to provide further accountability and greater taxpayer protection against IRS abuse:

As we approach the deadline for this tax season, Americans are more skeptical than ever of the IRS after the gross violations of public trust that have come to light over the past year.   Read more »

at Apr 7, 2014 5:18 PM
       

Pete Sessions' Hill Report: Save American Workers Act

On Thursday the House approved H.R. 2575, the Save American Workers Act, which repeals ObamaCare’s misguided 30-hour rule. This rule redefines “full time” employment as 30 hours per week instead of 40. Due to the looming employer mandate, businesses are reducing workers’ hours to 29 hours per week or less to avoid ObamaCare’s high costs and taxes – leaving millions of middle and low-wage workers with less take home pay.

At a time when millions of Americans are unemployed or underemployed, I believe we should focus on getting Washington out of the way to promote job growth and economic prosperity instead of higher taxes.

at Apr 5, 2014 1:19 PM
       

Taking vs. Redistribution

“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” - Alexis De Tocqueville

A March 27th Op-ed in the San Antonio Express News by Nicholas Kristof calls us a “Nation of Takers,” claiming that the US government gives welfare to the wealthy with mortgage tax “subsidies” for the wealthy and lower capital gains taxes as opposed to earned income taxes.   Read more »

at Apr 2, 2014 3:42 PM
       

April Fools? National Science Foundation funded $700,000 climate change musical

The National Science Foundation (NSF) awarded nearly $700,000 to The Civilians, Inc., a Brooklyn, NY theatre company, for a play that is described as “a thrilling and timely production” that is “a highly theatrical look into one of the most vital questions of our time: how can we change ourselves and our society in time to solve the enormous environmental challenges that confront us?”   Read more »

at Apr 1, 2014 3:45 PM
       

Has Austerity Failed? (Has It Even Been Tried?)

I discuss this and other issues — the war on drugs and Obamacare — with the Mises Institute‘s Mark Thornton. Subscribe to the Tom Woods Show on iTunes or Stitcher!

  Read more »

at Mar 10, 2014 3:23 PM
       

Rising Home Values means Rising Tax Bills: How to fix an Unjust System

The rapid economic development in Harris County has been something to behold. While residents, politicians and business leaders are actively praising the development, there have been a few things that we have yet addressed adequately. For there is perhaps never a transition or development such as this that does not bring some negatives with all the positives.

One of the negatives is the rise in home values for those of us not planning a move anytime soon. With home prices rising due to all the new people moving to our area, revenue from

at Feb 20, 2014 8:40 AM
       

Will Texas Republican Legislators Finally Get Serious About Worker Misclassification?

For the past several years, the Republican-led Texas Legislature has failed to make significant progress in stopping the abuses of workers through unethical employment practices. Many businesses, particularly in the construction industry, carry on a practice of classifying workers as independent contractors when they are truly employees, according to existing law.

Lawmakers have attempted to bring bills to the floor to stop the practice of companies that cheat workers and taxpayers and game the system to obtain an unfair competitive business advantage over companies who follow the law. These bills have repeatedly died in various committees because of pressure from a relatively few, but very powerful, home builders who make millions by cheating.   Read more »

at Feb 6, 2014 12:43 PM
       

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