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What you need to know about the $18B tax cut plan by the Legislature

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12 months ago

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rssfeeds.elpasotimes.com – El Paso Times – 2023-07-14 12:45:28

SUMMARY: State leaders in Texas are celebrating the passing of a tax-cut measure that they believe is the largest in the state's history, estimating that taxpayers will save a combined $18 billion. The focus of the tax-cut plan is on local property taxes, with one key component being a reduction in the taxable value of owner-occupied homes. For example, if a home is valued at $450,000, it will be taxed as if it's worth $350,000. Seniors over 65 will also receive additional tax savings. The legislation also includes provisions for compressing tax rates and exemptions for small- to medium-sized businesses. Governor Greg Abbott is expected to sign off on the deal, and voters may need to approve a constitutional amendment in November for the measure to take full effect.

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Third suspect arrested in Round Rock Juneteenth celebration shooting

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1 hour ago

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July 7, 2024

By

www.kxan.com – Julianna Russ – 2024-07-07 06:47:15

SUMMARY: A third suspect was arrested in connection with the deadly June 15 shooting at a Juneteenth celebration in Round Rock, Texas. The incident at Old Settlers Park resulted in two deaths and 14 injuries after a fight broke out between two groups, with innocent bystanders being the victims. 18-year-old Keshawn Dixon was apprehended in Killeen, charged with deadly conduct, and taken to Bell County Jail. Previously, 17-year-old Ricky Thompson III and a male juvenile had been arrested in connection to the shooting. The investigation is ongoing, and additional charges and suspects are being pursued by the Round Rock Police Department.

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Rafah is a dusty, rubble-strewn ghost town 2 months after Israel invaded to root out Hamas – KXAN Austin

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3 hours ago

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July 7, 2024

By

www.kxan.com – OHAD ZWIGENBERG, Associated Press – 2024-07-07 05:00:12

SUMMARY: Rafah, a city in the Gaza Strip, has become a deserted, war-ravaged area following a two-month Israeli military invasion targeting Hamas, their final stronghold in Gaza. Abandoned buildings and rubble dominate the landscape, with few civilians remaining. Israel alleges that Hamas turned civilian areas into combat zones, creating deadly traps. Approximately 1.4 million Palestinians fled to Rafah, now reduced to around 50,000 under dire conditions in a “humanitarian area.” Aid efforts are stalled, with dangerous routes and limited access to resources. The humanitarian crisis worsens as Israel pushes forward its offensive, despite significant challenges in aid delivery and civilian survival.

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Beryl bears down on Texas, where it is expected to hit after regaining hurricane strength – KXAN Austin

Published

4 hours ago

on

July 7, 2024

By

www.kxan.com – JUAN LOZANO and JIM VERTUNO, Associated Press – 2024-07-07 04:14:42

SUMMARY: Tropical Storm Beryl is heading towards Texas, expected to regain hurricane status before making landfall on Monday. Currently with 60 mph winds, Beryl is moving northwest and could become a Category 1 hurricane. Texas coastal areas are under hurricane and storm surge warnings, prompting preparations for heavy rain, wind, and flooding. Acting Governor Dan Patrick issued a preemptive disaster declaration. Coastal cities have called for voluntary evacuations and advised campers and tourists to relocate. Prior to this, Beryl caused fatalities and damage in the Caribbean and Mexico. Residents are advised to take precautions, with store supplies depleting rapidly.

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