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Reforming the Texas Taxing System Texans are some of the most reluctant people when it comes to paying taxes in the nation The state desperately needs a reform that would change the way taxes are collected but Texans are suspicious of change and would rather settle for the insufficient tax scheme that exists rather than take the chance of reforming it and having government raise taxes or implement a state income tax As of now Texas has no state income tax and while this appears to be a good deal in outside appearance the truth is that this places more of the burden on the poor Education remains one of the most difficult government funded projects to keep running efficiently and up to peoples standards Without out a state income tax revenue for funding the public schools in Texas must come directly from property taxes taken by local governments This places a disproportionate burden for paying taxes on homeowners and renters People who have wealth in investments and bonds have managed to avoid paying their fair share of taxes on these assets Interest and investment income for the state was only five percent of the states revenue in 1995 It was 63 in 1992 This is probably because of a lowered interest rate that result in less of a return on investments for the state Raising interest rates would generate more revenue for the state Giving Texas a state income tax would relieve some of the burden from the poorer citizens in Texas An income tax should be fair to both the poor and the wealthy We all use highways we all need clean water sewage systems police and fire departments and other necessities I would propose an income tax similar to the federal income tax that takes a percentage of your income up to a certain brake off point The state income tax should
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