I don't see any purpose in a gross receipts tax. It's inequitable. The best way to tax a business is through an income tax.
I sure don't want to take money away from the University of Texas; any subsidy for a university is good. But from an equity standpoint, it isn't fair that wealthy people can treat their personal entertainment expenses as a charitable donation.
What I don't like about things like that is that for a wealthy person, the fine is a mere inconvenience. For the poor person, it's a major punishment.
In Texas, we've got to come up with revenue somehow. All the easy means are gone.
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