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TNT's Hotze and Adams to Testify Against Perry Tax Scheme Before Texas State Senate Finance Committee Today

1 May 2006

News Advisory:


The co-chairmen of TEXANS for NO new TAXE$ (TNT) -- formed specifically to oppose the Perry Tax Scheme, and a project of Conservative Republicans of Texas, PAC -- will testify today at 10 a.m. before the Senate Finance Committee against the margin tax proposal, pushed by Gov. Perry (R) and recently passed by the state House.


Steven F. Hotze, M.D., founder of several enterprises in Texas, and Norman E. Adams, CIC, president of the Adams Insurance Service, Inc., will address the concerns of small- and medium- size business owners, who will be disproportionately affected if this thinly-veiled income tax is passed.


WHO:


-- Steven F. Hotze, M.D., TNT co-chairman


-- Norman E. Adams, CIC, TNT co-chairman


WHAT: Testimony Opposing Perry Tax Scheme


WHERE: Senate Finance Committee Hearing


WHEN: TODAY, Friday, April 28, 10 a.m. CDT


Dr. Hotze and Mr. Adams will available for comment to the media following their testimony today.


TNT is leading a state-wide educational campaign on the pitfalls of the proposed revision of the franchise tax, which includes a petition encouraging Texans and Texas businesses to publicly oppose the Perry margin tax proposal because of the detrimental effects it will have on the state's economy. To view the petition, as well as Dr. Hotze's testimony in its entirety, visit http://www.TEXANSforNOnewTAXES.org.


http://www.usnewswire.com/

Source: usnewswire


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