Perry urges $1.8B in 'tax relief'

Jan. 29, 2013 at 2:15 PM
| License Photo

AUSTIN, Texas, Jan. 29 (UPI) -- Texas Gov. Rick Perry Tuesday urged the Legislature to cut taxes and amend the constitution to allow the state to give nearly $2 billion back to taxpayers.

In his state of the state address, the governor said Texas is "a low-tax state" but taxes could be even lower.

"In a legislative session where we can see billions still on the table after we've funded our services and met the needs of our ever-expanding population, I think providing tax relief of at least $1.8 billion over this biennium is a good place to start," he said.

"We also need to do away with the practice of using dedicated funds and specific fees for anything other than the purpose for which they were intended. If we don't need taxpayer money for that purpose, let's not collect it at all.

"Today, I'm calling for a mechanism to be put in place so when we do bring in more than we need, we'll have the option of returning tax money directly to the people who paid it," the governor said. "Currently, that's not something our constitution allows.

"Our bank balance is healthy, our economy is growing, our future is limitless."

While calling for lower taxes, he also urged spending more on water and transportation infrastructure.

"Doing that without breaking the budget will require creativity and some 'outside-the-box' thinking, Perry said, suggesting the state spend $3.7 billion from its "rainy day fund."

He said Texas is "the nation's prime destination for employers and job-seekers alike," and has created "all kinds of jobs -- low paying, medium paying and high paying."

Like Us on Facebook for more stories from UPI.com  
Topics: Rick Perry
Latest Headlines
Top Stories
Catholic Church in Norway ordered to pay $5.1 million for fraud
North Korean diplomats sending their children to mental hospitals
Report: North Korea executed over 1,300 people
Shark bite confirmed off North Carolina shore
Ex-Auschwitz guard Oskar Groening seeks forgiveness from God