Sunday, April 14, 2013

Environmentalist Tom Steyer calls for new oil tax in California

Doh!  Of course!  Why didn't I think of that!  A new tax!  That will certainly solve all of CA's problems.
Tom Steyer, the San Francisco billionaire who recently left his job as a hedge fund firm to focus on political and environmental activism, called the oil severance tax the one area of energy policy where California lags other states in the nation in a speech at the California Democratic Party convention Saturday.

"This isn't just a question of our taking a fair share from huge, hugely profitable oil companies," Steyer told delegates. "This is about doing the simple task - the walk and chew gum of government - to showing us that we can do the right thing for the citizens of California in opposition of some very, very big companies."
There's that word "fair share".  Well, we all know where that will lead don't we?  I think the term "fair" has been perverted.


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