CA Dem's trying to kill domestic oil production

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GORDON
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Post by GORDON »

http://www.bloomberg.com/apps/news?pid=20601087&sid=a_mFdZCtdo8o
Speaker of the Assembly Karen Bass, a Los Angeles Democrat, said higher taxes and fees are needed instead of all $16 billion in cuts proposed by Republican Governor Arnold Schwarzenegger. His reductions would eliminate entire welfare programs and leave 1 million children without health insurance. Democrats yesterday suggested a $15 automobile license fee and said they may consider a 9.9 percent per-barrel charge on oil produced in the state.


Yes, tax that oil. There are no alternatives, people will have to pay it.
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Malcolm
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Post by Malcolm »

Gotta admire Arnie's attempt not to resort to jacking up taxes.
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GORDON
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Post by GORDON »

If only there was some other source of oil that wasn't under that 9.9% california tax.
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Leisher
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Post by Leisher »

At what point are they going to realize that they have to stop paying people to contribute nothing to society?

It boggles the mind that not only do these politicians understand the concept of not spending more than you earn, but neither do the millions of people who vote for them.
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TPRJones
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Post by TPRJones »

Leisher wrote:At what point are they going to realize that they have to stop paying people to contribute nothing to society?
Never. They'll die from starvation after the collapse of their economy before they'll admit that any of their lofty ideals were possibly even slightly off the mark.
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