This Week in Texas: September 19, 2012

Posted September 19, 2012 in The Mignon Memo

This week, the Texas Supreme Court heard arguments in a case challenging the constitutionality of the state’s franchise or margins tax. In the lawsuit, Nestle USA and two Texas-based companies claim that the tax violates their equal protection rights by levying different rates for different businesses.  This will be the third time the margins tax has been challenged in the Texas Supreme Court and Nestle’s second challenge of the tax. Nestle’s first challenge was dismissed because the court ruled it didn’t have standing to sue because Nestle had not yet paid the tax.  The Court has until November 9th to issue its decision.

KERA will host a debate in Dallas between U.S. Senate candidates Ted Cruz and Paul Sadler on October 19th beginning at 7:00pm.  The debate will be made available to all television and radio stations across the state and will be available via the Internet.