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Friday, April 11, 2014

Democrats Want To Triple California Oil Taxes

Above, if you think these prices are high, they'll be much higher if taxes are tripled. Photo by Armand Vaquer.

The Democrat-controlled California state government is trying to triple oil  taxes.

California already has one of the highest gasoline taxes in the U.S. and this will drive businesses out of the state, costing thousands of jobs.

According to Californians Against Higher Oil Taxes:
This week, the California Chamber of Commerce released a list of 27 proposed ‘Job Killer’ bills that could hurt California’s jobs climate.  One of the measures on the list, Senate Bill 1017 (Evans), would triple existing oil taxes and could drive up gas prices, as well as the costs of other goods and services. 
“We must make protecting California jobs, the state’s fragile economy and our way of life top priorities. An oil extraction tax will drive up consumer prices, push jobs away and upset a fragile economy that is showing strong signs of life,” said Allan Zaremberg, President and CEO of the California Chamber of Commerce.
Senate Bill 1017 is scheduled for a vote on April 24.
Californians Against Higher Oil Taxes is a coalition of businesses, taxpayers and consumers, committed to increasing the education and awareness about the devastating effects of another oil tax to California’s middle class families and economy.  Visit www.stoptheoiltax.com for more information.

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