America’s Most Irresponsible

The Drudge Report is today noting that the U.S. Comptroller, David Walker, will tell 60 Minutes on Sunday that Medicare is on a course to bankrupt the United States. He says that the president's prescription drug plan, "is probably the most fiscally irresponsible piece of legislation since the 1960s." Way to go, President Bush. Oh, and all the Republican lackeys who went along with it. Great job, fellas!

Busting the Cap for Tax Relief

February 19, 2007

Dear Members of the Texas House:

For the sake of taxpayers, you and your colleagues should vote to bust the state’s spending cap. It is the opinion of Texans for Fiscal Responsibility that this is the only way Texans can be assured of receiving meaningful property tax relief.

We make the important distinction that tax relief should begin before reaching the cap, and then extend beyond the cap.

Senator Nichols Stands Up for Homeowners

The Athens Review (Texas not Greece) reported today that Senator Robert Nichols, a Republican freshman representing Northeast Texas, has filed two bills to benefit homeowners.  First, SB575 would cap appraisal increases at 5 percent for homeowners, though it would not apply to rented property.  Second, SB576 would prohibit governments from confiscating private property in order to create parks and hike and bike trails.  

Taxpayers Deserve to be Paid Back

Corpus Christi's KRIS television reported this week that the Nueces County Hospital District is asking tpayitbackhe Legislature to pass a bill that will allow them to recover money on behalf of taxpayers when those who receive "indigent" care later receive an insurance settlement windfall for that same care. The District estimates that it loses about a half million dollars every year as a result of this phenomenon.

Governor promotes taxpayer protection

AUSTIN, Texas – In his State of the State Address, Texas Governor Rick Perry today proposed a strong new constitutional protection for the state’s taxpayers. The measure would limit the growth in state spending to a rolling, three-year average of inflation and population growth.

The president of Texans for Fiscal Responsibility, Michael Quinn Sullivan, praised the proposal.

“Gov. Perry is putting the needs of working Texas taxpayers ahead of bureaucracy. By restricting the growth in government to maintaining the costs of current services, the legislature will be forced to live within the taxpayers’ means,” said Sullivan.

Extreme Property Taxes Cause Texas to Lead Nation in Home Foreclosures – Breaking the Backs and Dreams of Ordinary Texans

In case anyone tforeclosehought the revolt against skyrocketing property taxes is just coming from mostly white middle class suburbs, the Brownsville Herald carries a powerful staff editorial today denouncing the recent seizure of 250 local homes and businesses because owners could not afford to pay their property taxes. The article notes that, in addition to the city and county, taxpayers are on the hook for two school districts and a navigation district, among other taxing authorities.