Tuesday, May 14, 2024

Texas GOP Bill Gives Tax Cuts to Straight Couples With Many Children – Rolling Stone


A newly presented Texas House bill proposes belongings tax cuts for {couples} who get married, keep married, and feature a lot of kids. There’s a catch regardless that. In order to qualify for the tax receive advantages, {couples} want to be heterosexual, by no means divorced, and their youngsters born or followed after their date of marriage. LGBTQ {couples}, unmarried folks, divorced folks, and mixed households is not going to qualify for complete advantages. 

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H.B. 2889 would supply qualifying {couples} with a 40 p.c belongings tax aid if they have got 4 youngsters, with the tax spoil expanding for each further kid. Couples with 10 or extra youngsters would pay no belongings tax in any respect. Just getting began? A pair that meets the necessities laid out by way of the invoice will get a ten% aid even prior to they have got youngsters. 

“Supporting Texas means supporting Texas families,” mentioned Rep. Bryan Slaton, who presented the invoice. “Texas will start saying to couples, ‘Get married, stay married, and be fruitful and multiply.”

But the invoice gained’t be supporting all Texas households and kids, simply those deemed morally applicable by way of the state’s Republican birthday celebration. 

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In his press liberate outlining the contents of the invoice,Slaton advised that the proposal were modeled after regulations applied in Hungary and Poland, which give a nearly tax-free lifestyles to massive households. Hungarian Prime Minister Viktor Orbán’s circle of relatives insurance policies have been heavily promoted by way of Fox News’ Tucker Carlson ultimate yr. 

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With each Texas’ House and Senate underneath Republican keep watch over, the invoice may acquire traction, particularly taking into account the state’s standing as a trying out flooring for pro-natalist GOP insurance policies. Texas banned abortion in July of ultimate yr following the overturning of Roe v. Wade, and the state has tried to put in force a number of regulations penalizing girls who strive to search abortions and clinical suppliers prepared to lend a hand them. The state’s infamous “bounty law,” which preceded the Supreme Court putting down Roe, incentivizes electorate to sue somebody they think in helping a person in achieving an abortion. 

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Concern over tax cuts has been brewing within the Texas statehouse for weeks now. State Democrats voiced worry that Governor Greg Abbott’s proposed finances didn’t profit from the state’s immense budget surplus
“We have a once-in-a-generational opportunity to make smart investments, strategic decisions,” House Democratic Caucus Chair Trey Martinez Fischer, advised Spectrum News 1 previous this month. “Before we squander [the funds] on pet projects and tax cuts that don’t touch everyone in Texas, we ought to fix the things that impact us all. That is what Texas Democrats want to do this session. We want to invest in Texas.”



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