Posted on 08/07/2006 12:57:45 PM PDT by calcowgirl
Backers of a measure that would hit energy companies drilling in California with $4 billion in new taxes planned to start running a hard-hitting TV ad across the state today urging voters to "make oil companies pay.''
There's nothing subtle about the new ad, said Paul Begala, a consultant for Proposition 87.
"We're not shy; our most important goal is to get California off its dependence on oil,'' said Begala, a former Clinton White House aide and CNN television commentator. "If you want support, you have to build support.''
Prop. 87 would tax companies for oil pumped in California, based on the price per barrel. The tax would stay in effect until it raised $4 billion, which would be spent on programs and research designed to cut the use of petroleum in California by 25 percent by 2017. It also would bar oil companies from raising gas prices to cover the cost of the tax.
(snip)
Los Angeles producer Stephen Bing, who has given millions to Democratic causes, put $1 million into the campaign and John Doerr of Woodside, another Democratic donor and a prominent venture capitalist, loaned the campaign $950,000. Lawrence Page, president of products for Google, gave $1 million; Vinod Khosla, a Silicon Valley venture capitalist, gave $1.1 million.
Other notable contributions in support of the measure include $500,000 from Robert Fisher, chairman of the Gap, and $100,000 from William Hearst, a venture capitalist who also serves as a director of the Hearst Corp., which owns The Chronicle.
Some of the donors have close financial links to the type of "green tech'' companies that could benefit from the $4 billion in tax money if Prop. 87 passes. ...
There's nothing wrong with donors seeing a potential profit from Prop. 87, said Begala.
(Excerpt) Read more at sfgate.com ...
Right, but don't allow the oil companies to make a profit? What a surprise.....
Do these California asswipes plan on riding bicycles to work? Any tax they oput on oil companies will be put right back on them when they buy gas. Where does the stupidity end out there.
socialist idiots.
Texas could append a "Remember Enron" tariff on fuel to Kalifornia.
Begala was born in New Jersey and raised in Missouri City, Texas.
I'll vote for this when they slap a tax on the Hollywierd liberals for driving limousines and taking private jets, having homes bigger than 3,000 sq. ft., and basically wasting the natural resources they claim to care so much about.
It's just a matter of time 'til one of these idiots proposes to harness Algore's "global warming" to power their cars, and thus, it will appear on the California ballot SOMEWHERE.
The solution to EVERYTHING is always a TAX............
He may have been "raised", but he has never grown up....
SUPPORTING Prop 87OPPOSING Prop 87
- Paul Begala, a consultant for Proposition 87
- Al Lundeen, a spokesman for the anti-Prop. 87 forces
- Stephen Bing, has given millions to Democratic causes
- John Doerr, Democratic donor and a prominent venture capitalist (Kleiner, Perkins, et.al.)
- Vinod Khosla, a Silicon Valley venture capitalist (Kleiner, Perkins, et.al.)
- William Hearst, a director of the Hearst Corp. and venture capitalist (Kleiner, Perkins, et.al.)
- Robert Fisher, chairman of the Gap
- Lawrence Page, president of products for Google
- California Chamber of Commerce
- California Business Roundtable
- California Farm Bureau
- Anti-tax organizations
- Chevron
- Aera Energy, a joint venture of Shell and Exxon
- Occidental Oil
In reality this is called a fine. How communist but for Kali just another day.
Someone needs to put a ballgag on Begala!
That's why so many companies are relocating on the other side of the mountains, in Nevada....Kalifornia is not conducive to business operations.
Oh, great. This proposal is going to make other businesses rush to do business in CA. This is like when Gov. Celeste in Ohio passed an "exit tax" equal to 6 months payroll on any company that closed their doors to relocate to less expensive (read lower-taxed) states. Within weeks, the good governor was scratching his head asking: "Gee...we don't seem to have any new businesses forming here in Ohio now. Wonder why?" Fortunately, the "duh factor" hit enough state legislators that they repealed the bill in less than a year.
Hey, CA....you listening?
Begala was born in New Jersey and raised in Missouri City, Texas. He earned his undergraduate and law degrees from the University of Texas at Austin, where he taught briefly before going to work for Bill Clinton.
While at the University of Texas, Begala was a candidate for Student Government president. However, he finished second to a write-in campaign for Hank the Hallucination, a monster character from the comic strip "Eyebeam." Begala was declared the human winner, following a ruling that imaginary characters could not hold the position
Atlas Shrugged happening right before our eyes.
I hope you're right. But still, the fact that such a stupid plan of attack is even being considered as a solution really bothers me. Man, if I lived in CA, my blood pressure would be so high, I'd probably explode...
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