The amendment would prohibit the Texas State Legislature from passing laws that impose an occupation tax on certain entities transacting securities or a tax on certain securities transactions. Proponents argue that such a tax could reduce returns and hinder savings on 401(k)s, IRAs, and pensions for retirement. Opponents argue it could make it harder for future legislatures to make tax policy by including a prohibition on securities transaction taxes in the state constitution.
Trend of support over time for each answer from 45 America voters.
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Trend of how important this issue is for 45 America voters.
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