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  2. Texas Comptroller of Public Accounts - Wikipedia

    en.wikipedia.org/wiki/Texas_Comptroller_of...

    The predecessor to the current comptroller's office started in 1846. The longest-serving Comptrollers in Texas history were Robert S. Calvert, who held the post for 26 consecutive years for an unprecedented twelve terms; George H. Sheppard, who served for 18 years over nine two-year terms; and Bob Bullock, who served for 16 years for four four-year terms and later was notable as one of the ...

  3. Franchise tax - Wikipedia

    en.wikipedia.org/wiki/Franchise_tax

    A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of capital held by the entity.

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    The franchise tax can be an amount based on revenue, an amount based on profits, or an amount based on the number of owners or the amount of capital employed in the state, or some combination of those factors, or simply a flat fee, as in Delaware. Effective in Texas for 2007 the franchise tax is replaced with the Texas Business Margin Tax. This ...

  5. Free Money: How To Get Inflation Relief Payments in 2022 - AOL

    www.aol.com/finance/free-money-inflation-relief...

    The state is expected to begin issuing tax rebates the week of Sept. 12. Individuals who earned less than $200,000 last year will receive a $50 rebate; couples filing jointly will receive $100 if ...

  6. Tommy Merritt - Wikipedia

    en.wikipedia.org/wiki/Tommy_Merritt

    In 2009, Merritt co-authored legislation to reform the state's franchise tax, exempting more small businesses. [34] Merritt also authored or co-authored numerous bills to overturn and subsequently prohibit inheritance taxes in Texas in 2005 [ 35 ] [ 36 ] and 2003.

  7. Institute for Energy Research - Wikipedia

    en.wikipedia.org/wiki/Institute_for_Energy_Research

    After failing to pay the Texas state franchise tax, IHST lost its charter in 1989, ... IER is a member of the advisory board of Project 2025, [9] ...

  8. Column: Californians would love for Kamala Harris to steal ...

    www.aol.com/news/column-californians-love-kamala...

    In the cap’s first year, Californians who itemized deductions were hit with a total extra tax burden of $12 billion, the state Franchise Tax Board reported. High-tax blue states led by Democrats ...

  9. Governorship of Rick Perry - Wikipedia

    en.wikipedia.org/wiki/Governorship_of_Rick_Perry

    In early 2006, Perry signed legislation that delivered a $15.7 billion reduction in property taxes [56] while raising other taxes such as a state franchise tax. The tax was condemned as a "back door" state income tax by many organizations. [57] Perry claimed that the bill would save the average taxpayer $2,000 in property taxes.