[Letter from Truett Latimer to Glenn Biggs, May 26, 1959] Page: 1 of 2
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May 26, 1959
?:rQjenn Biggs
PILRMA &r YI.ERAN
Insurance and Real Fstate
F. & M. Bank Building
Abilene, Texas
Dear Glenn:
It was good to receive your letter of 'ay 19. I am sorry
that I did not have an opportunity to visit with you while
I was home over the weekend, but I did try to call you at
the office.
T realize that a number of people in Abilene are definitely
in favor of a sales tax. However, my conscience will not
let me vote for a sales tax so long as beer only pays 14.31
per barrel when it should pay at least 10.00 per barrel.
This tax alone wouli bring in [2 million dollars for the
next biennium. By financing the farm to market road program
out of the highway fun] instead of the general revenue
fund, it would be just like passing a tax bill in the
amount of 30 million dollars for the coming biennium. I
have introduced a bill that would transfer 5 million dollars
surplus from the .rivers and Chauffeur's License Fund into
the General Revenue Fund. The total amount of these three
items would be 87 million dollars. As we should be as
conservative as possible with our appropriations, this
would be just about enough money to take care of the satte
government for the next two years.
r'
The items I have mentioned above do take into consideration
the retirement of the deficit. The Governor has a three
point program to do this.
1. Change the Comptroller's bookkeeping $28,000,000
system
2. Escheat Bill 2&,000,000
3. Temporary corporation franchise tax increase
for one year 13,400,000
Total t66,300,000
At
-~ill 11111d1
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Latimer, Truett. [Letter from Truett Latimer to Glenn Biggs, May 26, 1959], letter, May 26, 1959; (https://texashistory.unt.edu/ark:/67531/metapth1272590/m1/1/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Hardin-Simmons University Library.