Chris Bell of Houston officially filed as a Democratic candidate for governor Friday, saying if he wins he will propose expanding the state's business taxes to pour billions of new dollars into the Texas public education system.
Bell said Gov. Rick Perry and other Republicans have concentrated too much effort on "revenue neutral" school finance plans that pay for local property tax cuts through state tax increases without putting any new money into the public school system.
"I'm not interested in a revenue neutral plan. If you're talking about a revenue neutral finance plan, then you're basically rearranging the deck chairs on the Titanic," Bell said.
Bell said he will provide details of his school finance plan during the campaign. When asked the price tag, he said: "It's several billion dollars if you are going to be serious about improving public schools and meeting some of these other challenges."
http://www.chron.com/disp/story.mpl/metropolitan/3515608.html