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Sales Tax Texas

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NEWS
July 22, 1987
The Texas Legislature, nearing the end of a special session, approved the biggest tax hike in the state's history after falling oil revenues left the state $6.5 billion in debt. The Texas House approved a $38.5-billion budget and a tax bill that will cost Texans $5.7 billion extra over the next two years. Lawmakers balked at passing a state income tax or other heavy taxes on business or industry. Instead, they voted to raise sales taxes to 6 cents from 5.
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NEWS
July 22, 1987
The Texas Legislature, nearing the end of a special session, approved the biggest tax hike in the state's history after falling oil revenues left the state $6.5 billion in debt. The Texas House approved a $38.5-billion budget and a tax bill that will cost Texans $5.7 billion extra over the next two years. Lawmakers balked at passing a state income tax or other heavy taxes on business or industry. Instead, they voted to raise sales taxes to 6 cents from 5.
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BUSINESS
October 12, 1986 | JUBE SHIVER Jr., Times Staff Writer
When the shopping urge hits Brian Graifman of New York, he doesn't head for a store or thumb through the Yellow Pages. Instead, he consults a stack of mail-order catalogues, whips out his credit card, dials some toll-free numbers and has merchandise delivered to his door tax-free. In this manner, Graifman, a second year student at New York Law School, has acquired a videocassette recorder, a cordless telephone, stereo equipment and even a facsimile municipal parking meter.
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