AUSTIN – The Honorable Talmadge Heflin, director of the Texas Public Policy Foundation’s (TPPF) Center for Fiscal Policy and former chairman of the Texas House Committee on Appropriations testified before the Texas House Ways & Means Committee on House Bill 31, relating to decreasing the state sales and use tax rate.
“Although no one likes to pay taxes, they are an inevitable part of funding core government functions,” said Heflin. “Policymaker’s challenge is to develop an efficient tax system that provides necessary revenue while doing the least economic harm. It is also important that the state’s tax system remains competitive by keeping the overall tax burden low and balanced. The Committee Substitute for House Bill 31 takes steps in the right direction to making Texas more competitive and leaves more money in the hands of taxpayers by reducing the state’s sales tax rate. An even better step would be to phase out the business margin tax.”
More information about the hearing can be found at: http://txpo.li/1EvzsMo
To schedule an interview with Mr. Heflin, please contact Caroline Espinosa at [email protected] or 512-472-2700.
The Honorable Talmadge Heflin is the Director of the Center for Fiscal Policy at the Texas Public Policy Foundation. In the 78th Session, Heflin served as chairman of the House Committee on Appropriations.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.