In a post at Big Jolly Politics, conservative activist Yvonne Larsen explains why she will vote no on Proposition 3 in the November Texas Constitutional Amendment Election.
Larson says that Prop. 3 was designed to benefit only one company and was pushed through the Legislature by Linda Harper-Brown of Irving and Senator Bob Duell of Greenville. The change would extend the “Freeport exemption” for an inventory of aircraft parts up to 730 days.
Maybe we should look at giving every business the break Prop. 3 provides.
Texas Taxpayers and Research Association wrote, about Prop. 3, “This narrow expansion of the Freeport exemption is designed to encourage aircraft parts supplier Aviall to locate in the Dallas-Fort Worth area, but will also encourage existing businesses to invest additional resources in Texas.”
So Larsen is right that it was designed with one company in mind but, wrong in the sense that it would apply to all other similar firms and, North Texas is a big player in the aviation industry.
I find Larsen more on-target when she writes: “Texas Republicans incessantly whine about Congress writing laws resulting in the government picking and choosing the winners and losers. Here we have two Republican elected officials in Texas, Linda Harper-Brown and Bob Duell doing the same thing; Proposition 3 is designed for only one company.”
Larsen’s criticism is legitimate but, what we should learn from this example is that if our property tax laws discourage investment and job creation in the aerospace industry, such likely is the case in most other industries. Maybe we should look at giving every business the break Prop. 3 provides.
Prop. 3’s design for one firm shows a larger need
In a post at Big Jolly Politics, conservative activist Yvonne Larsen explains why she will vote no on Proposition 3 in the November Texas Constitutional Amendment Election.
Larson says that Prop. 3 was designed to benefit only one company and was pushed through the Legislature by Linda Harper-Brown of Irving and Senator Bob Duell of Greenville. The change would extend the “Freeport exemption” for an inventory of aircraft parts up to 730 days.
Maybe we should look at giving every business the break Prop. 3 provides.
Texas Taxpayers and Research Association wrote, about Prop. 3, “This narrow expansion of the Freeport exemption is designed to encourage aircraft parts supplier Aviall to locate in the Dallas-Fort Worth area, but will also encourage existing businesses to invest additional resources in Texas.”
So Larsen is right that it was designed with one company in mind but, wrong in the sense that it would apply to all other similar firms and, North Texas is a big player in the aviation industry.
I find Larsen more on-target when she writes: “Texas Republicans incessantly whine about Congress writing laws resulting in the government picking and choosing the winners and losers. Here we have two Republican elected officials in Texas, Linda Harper-Brown and Bob Duell doing the same thing; Proposition 3 is designed for only one company.”
Larsen’s criticism is legitimate but, what we should learn from this example is that if our property tax laws discourage investment and job creation in the aerospace industry, such likely is the case in most other industries. Maybe we should look at giving every business the break Prop. 3 provides.