, who presides over the Senate and bragged last month that he “killed” Chapter 313 in 2021 because it “had been misused.”recent decision by Micron
“We were in running for ... a massive semiconductor manufacturing facility, and we lost to New York for one reason: New York had a better benefits package,” Abbott said. “The CEO of Micron was basically begging me because he really wanted to do business in Texas. ... We gave every penny that we could give, and New York literally offered billions of dollars more that we could not keep up with.”
Under the program, businesses could apply to the local school district for a 10-year discount on their property tax bills in exchange for building or expanding in the community and, in a number of cases, creating new jobs. There was little downside for school districts to approve the tax breaks, because any foregone revenue for public schools was made up for by the state.
Abbott seemed well aware of the program’s tattered reputation Wednesday. He jokingly told business leaders in Arlington that if they are talking with lawmakers this session about the topic, “never bring up the numbers 313. It leaves a bad taste in peoples’ mouth.”
GregAbbott_TX lies. A lot.
Suffering? Oh no I could only buy two Ferrari's this year!! Please help us poor 1% ers!!!
What suffering? Thought we had this big surplus from last year.
Good...we need to be competitive and a place where businesses and owners can thrive..not stifle with gov overreach like Washington dishes out.
We know you are really trying to blame Democrats before you DO ANYTHING
You chased Elon back to Cali.
Last week you were touting Texas is the 1 economy in the USA and getting stronger…..what happened in two days?
Let's see. So it's not a rickety third-world power grid? Or a rapidly dwindling water supply that we are already using in a unsustainable way? Or the creeping authoritarian christo-fascist vibe from Texas legislators? It's one tax break? Lawza me, I would never have known.
Ahh good ol GregAbbott_TX making sure corporations(his donors) get their asses kissed while Texans are crippled by power bills. How much did they pay for an audience with you at OUR (not your) governor’s mansion, Greg? KissMyAbbott
Corporations don’t need tax cuts
'Noooo please give us more tax breaks we can barely afford to survive' 😰
It would be a more business friendly state if TXGovAbbott and the Texas Taliban stopped pushing right wing extremism.
Abbott seems to be a megalomaniac. It is embarrassing. And dangerous.
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More slush fund money with no transparency. AbbottFailsTexasAgain AbbottFailsTexasEveryDay FollowTheMoney GOPClownShowContinues
Yes, won't anyone think about the corporations?
Too bad the Texas State Legislature voted to ban reporters from covering the Texas State Legislature. GregAbbott_TX is one cowardly crook. Just like the TXGOPCaucus cc: abc13houston HoustonChron wfaa statesman fwstockyards FWST_Recruits wacotrib Baylor
How many billions did Texas have in the coffers?
He's wants to give away the farm again and put the burden on the State Tax Payer again, so much for lower property taxes.
The State of Texas suffering? I find this very surprising. I honestly thought the Governor had everything in control. How could the legislative body allow the corporate-tax break to expire? I used to live in Texas, so if you're from there, can you explain what's happening?
Government welfare for corporations. It’s a big racket.
He is such a virus
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Where you going to be next Abbutt? I want to ask you face to face; where's the Texas surplus $$ at? So far you've whispered something about homeowners getting huge tax breaks, they don't know nobody gets any $$ That why you don't want to give everyone tax refund? No hard $$ huh?
Yeah, more corporate welfare and puny property tax break
How bout he start developing the state for it's residents, you know the people that for whatever stupid reason keep voting for him
Nah. It's the creeping christo-fascism in Texas that's causing businesses to look elsewhere.
How many more tax breaks to businesses need? Why does the working class always get screwed by the GOP?