State Sen. Nathan Johnson, a Dallas Democrat, told the Observer about his concerns regarding the $18 billion package.
Earlier this summer, many Lone Star lawmakers celebrated after the announcement of anIn an op-ed published last week inthat the sizable cut will likely incur a “big bill” down the line.
To some extent, the tax cut deal may have relieved lawmakers of the burden of having to decide how to invest in the state’s physical and social infrastructure, Johnson said. He cited a lack of “sincere political process” as motivation for writing the op-ed. The way Johnson sees it, lawmakers could have delivered a smaller-yet-still-handsome property tax cut for homeowners and still have had billions left to invest in areas like public education, water, healthcare, affordable housing and prison system upgrades — investments that would generate untold returns both economically and socially.The $18 billion amount that state leaders came up with was based on a campaign promise, not sound economic analysis, Johnson said.
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