00:00
129:36
Jimmy Barrett and Shara Fryer take you through the stories that matter on the morning of 03/19/2019, including: The internet knows you better than your spouse does. Attention Boomers: 2020 Democratic candidates don't want your vote. The ever-burgeoning field of candidates presents a problem for anyone wanting the nomination. The money, the energy, and the passion are with younger voters, but the majority of voters who will cast their ballots for Democratic candidates are over 45. But the reality is that 60 percent of voters who will cast a ballot for the eventual nominee are over 45 and two-thirds of those voters are white. "Uncle Joe" Biden, might turn off the hipsters, but his appeal and familiarity might allow him to dominate older voters in a huge field. Texas voters told candidates they want property tax relief, and it's remarkably expensive. That's why state lawmakers are talking about higher sales taxes. That chairman of the House Public Education Committee is talking to legislators about raising the state sales tax by a penny, to 7.25, and pouring the money into public education. It wouldn’t be for new spending, but it would increase state spending enough to significantly lower local property taxes — the driving political force behind the state’s current legislative push for school finance reform. The state collected $31.94 billion from sales taxes in the 2018 fiscal year, according to the Texas comptroller of public accounts; at that level of taxable sales, a 1-cent increase in the rate would bring in an extra $5.1 billion. Local school districts, fueled by the local property taxes Texas voters hate so much, spent about $14.7 billion more than the state on public education in fiscal year 2018, according to the comptroller. The $5.1 billion from a 1-cent sales tax increase wouldn’t be enough to level that out, but it would sure make a dent.
Jimmy Barrett and Shara Fryer take you through the stories that matter on the morning of 03/19/2019, including: The internet knows you better than your spouse does. Attention Boomers: 2020 Democratic candidates don't want your vote. The ever-burgeoning field of candidates presents a problem for anyone wanting the nomination. The money, the energy, and the passion are with younger voters, but the majority of voters who will cast their ballots for Democratic candidates are over 45. But the reality is that 60 percent of voters who will cast a ballot for the eventual nominee are over 45 and two-thirds of those voters are white. "Uncle Joe" Biden, might turn off the hipsters, but his appeal and familiarity might allow him to dominate older voters in a huge field. Texas voters told candidates they want property tax relief, and it's remarkably expensive. That's why state lawmakers are talking about higher sales taxes. That chairman of the House Public Education Committee is talking to legislators about raising the state sales tax by a penny, to 7.25, and pouring the money into public education. It wouldn’t be for new spending, but it would increase state spending enough to significantly lower local property taxes — the driving political force behind the state’s current legislative push for school finance reform. The state collected $31.94 billion from sales taxes in the 2018 fiscal year, according to the Texas comptroller of public accounts; at that level of taxable sales, a 1-cent increase in the rate would bring in an extra $5.1 billion. Local school districts, fueled by the local property taxes Texas voters hate so much, spent about $14.7 billion more than the state on public education in fiscal year 2018, according to the comptroller. The $5.1 billion from a 1-cent sales tax increase wouldn’t be enough to level that out, but it would sure make a dent. read more read less

5 years ago