Use a state corporate income tax to fund ideas such as but not limited to:

• Texas Earned Income Tax Credit similar to 26 other states

• Texas Child and Dependent Care Tax Credit similar to 21 other states

• Texas state single payer healthcare system similar to Colorado

 

Alternatives to corporate income tax:

• Make real estate sales public like 38 other states

• Public Bank

• Rainy Day Fund

• Franchise Tax

• Working Sharing

• Revenue Neutral Carbon Tax

• Severance Tax

 

Texas Constitution
Code – Texas Constitution
Article – 8 Taxation and Revenue

 

 

CBPP – Closing Three Common Corporate Income Tax Loopholes Could Raise Additional Revenue for Many States

CBPP – The “Single Sales Factor” Formula for State Corporate Taxes: A Boon to Economic Development or a Costly Giveaway?

CBPP – State Corporate Tax Disclosure: The Next Step in Corporate Tax Reform

CBPP – 4 Reasons Why States Shouldn’t Cut Corporate Income Taxes

The Gross Receipts Tax: The Not-Income and Not-Sales Tax (article)