Posted on 10/26/2009 3:04:37 PM PDT by umgud
In what could prove to be bad news for local oil producers and those seeking employment in the West Kern County oil patch, California Assemblymen Pedro Nava (D - Santa Barbara) has called for a 10 percent oil severance tax on all oil produced in California.
"California oil companies are getting a free ride," said Nava. "California is the only major oil producing state that does not charge a severance tax on oil extraction. California has been giving away public assets to Big Oil for far too long."
Nava, who is a democrat candidate for California Attorney General next year, is known for his anti-oil position in the legislature.
According to the California Taxpayers Association, Kern County and the Westside would be hit hard by the tax.
�The proponents ignore the taxes already paid by oil companies,� said David Klein spokesman for the California Taxpayers Association, a non-partisan, non-profit organization based in Sacramento and formed in 1926.
(Excerpt) Read more at taftindependent.com ...
Whether in California or Alaska, such insanely higher taxes against oil than other businesses are wrong, even when based on the communistic assumption that the state owns the unharvested resources instead of the producer.
The state (”the people,” even) doesn’t really own anything without working for it. To assume that the state owns what the producers work for is a part of communism.
I know you’re being sarcastic. Here’s my take on it.
If the state got 100% of our salaries, they’d still think we weren’t paying enough to support government, and would seek a way to prostitute our wives and children, and rent out rooms in our homes.
It is shocking to me, to see government so incapable of acknowledging they long ago breached the acceptable level of taxation, and are now making more enemies of big government by the day.
My state is beyond repair. Thankfully, I live the god-gun-guts part of the state in easter Madera Co.
That noise you just heard was the sound of thousands of marginal stripper wells in California being plugged and abandoned, never to produce again.
They expect to extract taxes but the only thing they’ll accomplish is to export jobs with the end result being less tax revenue.
More proof that all the loonies live on the Left Coast.
It would be called "spreading the wives and children and houses around" and Democrats would give speeches claiming that sharing your wives and children with the poor is a good old American value.
California Assemblymen Pedro Nava, Nuff Said.Pedro has been recognized by Planned Parenthood, Equality California, the California Labor Federation, the California Red Cross, the California Junior League, Environment California and others for his outstanding legislative accomplishments.
Thankfully I left in ‘97
LOL, not doubt about it. Good call.
"California oil companies are getting a free ride," said Nava. "California is the only major oil producing state that does not charge a severance tax on oil extraction. California has been giving away public assets to Big Oil for far too long." Nava, who is a democrat candidate for California Attorney General next year, is known for his anti-oil position in the legislature... Kern County and the Westside would be hit hard by the tax. "The proponents ignore the taxes already paid by oil companies," said David Klein spokesman for the California Taxpayers Association, a non-partisan, non-profit organization based in Sacramento and formed in 1926.
Nava may be a synonym for A$$hole.
If he truly believes that the oil is a public asset and that it is currently insufficiently taxed then shouldn’t the tax be returned to the public in the form of income tax credits it it passes?
Just like they do in Alaska!
Do they really think they can tax their way to prosperity?
The bastards in the CA legislature would tax fingernail and eyelash growth if they could.
They don't care about prosperity. They think they can tax their way into feeling good about themselves.
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