Houston Democrats

The Austin-American Statesman breaks down what the tax bill means. Basically, most Texans are going to end up paying more.

Industry Projected change in total tax bill

Agriculture -7.79%

Mining -1.16%

Utilities and transportation -1.48%

Construction 9.95%

Manufacturing -4.00%

Trade 0.96%

Information -1.59%

Financial, insurance, real estate -8.39%

Services 11.60%

Which one went up the highest? Of course, services. So those with the least money and least savings will end up paying a greater share for general services.

Here's the real kick in the teeth:

Family income range change in total tax bill

$0 to $13,415............4.49%
$13,415 to $22,833...3.92%
$22,833 to $31,735...4.00%
$31,735 to $41,463...3.78%
$41,463 to $51,750...3.55%
$51,750 to $64,325...3.09%
$64,325 to $79,271...2.21%
$79,271 to $100,593..1.39%
$100,593 to $140,853..-0.41%
Over $140,853..........-2.42%

How is that "trickle down effect" supposed to work again? It looks like the money just keeps pooling at the very top, and vanishing at the bottom. I hope the rich are enjoying eating their cake now because this system can't go on forever. It's going to fall apart sometime, when and how badly is what's unknown.

Just last Thursday on the way to HCDP headquarters, I saw a beaten up and faded car plastered in Republican bumper stickers, and thought if the driver only knew what the Republicans were really doing, he wouldn't be a Republican. I'm sure he's going to be enjoying that 4% tax increase.