I heard part of a news article on the radio (KTSA 550 AM) this afternoon that really concerns me.  According to the article, Texas Governor Rick Perry is pushing for a new bill    that will tax small incorporated businesses making $1,000,000. or less per year on the gross amount they bring in rather than on the net amount.   This is the most ridiculous thing I have ever heard.  It is sure to put many people out of business.  All kinds of businesses will be affected, restaurants, dry cleaners, books stores, clothing stores, service businesses, retail and the Mom and Pop's.

If you are like most Realtors, your expenses make up a lot of money.  I know mine do.  If I had to pay tax on the full gross amount without the expenses being deducted, I would not make anything.  What about you?

This bill has not passed yet.  They are hoping to fully enact it by October of this year.  There is still time to contact your State Representatives and Senators.  Call, write and email.  This needs to be stopped in its tracks.  For more information, contact the above radio station and then be proactive and contact your legislator.  It's time to say "NO" to more taxes. 

BTW, if things have not changed in recent years, most larger corporations in Texas do not pay much, if any tax.