Friday, June 5, 2009

About the Governor's oil tax...

SOURCE: Madison.com
Assembly Democrats might alter their 2009-11 budget proposal to let oil companies pass on a $260 million tax to consumers, key leaders said Tuesday, but other Democrats question whether the tax should remain in the spending plan to be voted on as early as June 10. The oil tax proposed by Gov. Jim Doyle and approved by the Legislature’s budget committee last week is designed to raise money to pay for roads — amid a projected $6.6 billion budget shortfall — while barring oil companies from shifting the tax onto consumers in the form of higher gas prices. But Rep. Mark Pocan, D-Madison, a budget committee co-chairman, said Tuesday he’s not sure that provision is constitutional.

Another great idea from the Jim Doyle tax-spend-borrow-and-skim administration. Did anyone in Madison notice the price of gas has climbed 80 cents or more in the past two months?