The Southwestern Historical Quarterly, Volume 55, July 1951 - April, 1952 Page: 29
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Historical Development of Texas State Tax System
product is that produced by the use of more than 2oo cubic feet
of gas per pound of product, and the tax on it is 341/2400 of
one cent a pound when the market value is four cents or less
a pound and 5.72 per cent when this value is more than 4 cents
In the following cases increases were made by the 1951 act.
The tax on oil production was increased from 4.5375 cents or
4.5375 per cent, according as the market price per barrel of 42
gallons is $1 or less or more than $1, to 4.6 cents and 4.6 per
cent; the tax on sulphur production was changed from $1.3942
per long ton to $1.40; the basic franchise tax rate was increased
from $1.x o per $1,ooo of capital stock, surplus, undivided profits,
bonds, notes, etc. to $1.25, and the minimum tax payable was
raised from $20o to $25; the tax on playing cards was made 6
cents per pack instead of 51/2 cents, and the tax on beer was
increased from $1.364 per barrel of 31 gallons to $1.37. The
store tax on the first store was raised from $1.1o to $4, that on
the second store from $6.6o to $9, but left unchanged were the
rates of $27.50 on each store in excess of 2 and not exceeding 5,
of $55 on each store in excess of 5 and not exceeding 1o, of $165
on each store in excess of 1o and not exceeding 2o, of $275 on
each store in excess of 20 and not exceeding 35, of $550 on each
store in excess of 35 and not exceeding 5o, and of $825 on each
store in excess of 50. Several additions were made to the exemp-
tions from this tax.
The Texas Legislative Council released in 1951 two valuable
surveys of state taxation. The first is entitled Comparative Tax
Revenue Analysis: Texas and Selected States, and the other is an
Analysis of Individual Taxes. The reports of the Council and the
influence of its membership represent a significant advance in
official interest in the financial problems of the state.
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 55, July 1951 - April, 1952, periodical, 1952; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101139/m1/51/: accessed July 21, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.