TESTIMONY: ELIMINATE THE MARGIN TAX TO REACH TEXANS’ FULL POTENTIAL

Simply put, businesses don’t pay taxes; people do in the form of higher prices, lower wages, and fewer jobs available. Given that taxes exist to fund essential government services, the least burdensome taxes should fund conservative budgets, which grow by no more than population growth plus inflation. 

The full testimony can be found here: ​http://www.texaspolicy.com/content/detail/testimony-eliminate-the-margin-tax-to-reach-texans-full-potential