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During Budget Crisis, Texas House Committee Passes Tax Break For Yacht Owners

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-02-11 08:13 PM
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During Budget Crisis, Texas House Committee Passes Tax Break For Yacht Owners
http://thinkprogress.org/2011/05/02/texas-yacht-tax-break/

In response to the worst state budget crisis since World War II, the Texas House has proposed slashing $27 billion from the budget, including huge cuts to education, nursing homes, and health care for the poor. Yet last Friday, the Texas House Ways and Means Committee approved a tax break for those who want to buy yachts costing $250,000 or more.

(snip)
Meanwhile, Democrats are expressing outrage that their GOP counterparts would even consider the bill at a time when they are cutting essential state services:

Rep. Mike Villarreal, D-San Antonio, voted against the measure and lambasted it as wrongheaded at a time when cuts are threatened in areas including education and Medicaid reimbursement rates for health care providers

“With all due respect, sometimes I’m not sure what planet my Republican colleagues live on,” Villarreal said in a statement. “How can they say tax breaks for yachts are a higher priority than supporting our children’s classrooms or keeping nursing homes open?”
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orpupilofnature57 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-02-11 08:20 PM
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1. The same people that gave Shrub credit ,for killing his Trump card.
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