Chad’s Morning Brief: Tax Cuts Head to the Texas Senate, Starbucks’ Communications VP Deletes Twitter After Race Together Backfires, and Other Top Stories
Here is your Morning Brief for March 18, 2015
Tax Cuts Head to Full Senate
According to the Texas Tribune, proposals that would cut more than $4.5 billion in property and business taxes will be heading to the full Senate to vote on.
The committee voted 13-2 on three of four proposals related to the tax cut package backed by Lt. Gov. Dan Patrick. And they voted 11-4 on the most controversial measure, Senate Joint Resolution 1, which would ask voters to approve changing the homeowner's exemption from the current $15,000 standard to a moving target pegged annually at 25 percent of the state’s median home market value. The measure is expected to cost more than $2 billion to provide an average property tax savings to Texas homeowners of around $225 per year over the next two years.
“I don’t know how we could in good conscience send back a relatively insignificant tax cut,” state Sen. John Whitmire, D-Houston, said. “I would like to return taxpayer money in the form of better services.”
It may not be a lot of money saved for a homeowner, but unlike Whitmire, I'm glad homeowners will be able to save money. It's no guarantee that the House will pass this much in tax cuts, but it is a good starting point. The House isn't nearly as conservative as the Senate, but hopefully they will be feeling the heat on this one.
Starbucks wanted to have a conversation on race relations in America. It was about communicating with one another and getting along. Well, it didn't take long for the campaign to backfire according to the Washington Times. The VP of Communications for Starbucks deleted his Twitter account after receiving some not so great tweets.
Mr. duBrowa told Business Insider he deleted the account after a barrage of negative responses.
“I was personally attacked through my Twitter account around midnight last night and the tweets represented a distraction from the respectful conversation we are trying to start around Race Together. I’ll be back on Twitter soon,” he told the website.
Starbucks CEO Howard Schultz has said that baristas who are not comfortable talking about race with customers do not have to take part in the campaign.
Race Together was mocked throughout the day on social media and will probably continue to be mocked. Who really wants to be lectured to after paying $5 bucks for coffee?
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These and many more topics coming up on today’s edition of The Chad Hasty Show. Tune in mornings 8:30-11am on News/Talk 790 KFYO, streaming online at kfyo.com, and now on your iPhone and Android device with the radioPup App. All guest interviews can be heard on our KFYO YouTube page after the show and online at kfyo.com.