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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (309990)11/9/2006 12:34:19 PM
From: combjelly  Read Replies (1) of 1573852
 
"That's a tax hike no matter how you describe it."

Not up on Prop 87. I gather that California doesn't have any severance taxes for oil? In Texas, every barrel of oil that is pumped, or cubic foot of natural gas that is extracted, is taxed. I know most of the other oil producing states have something similar. Except, I guess, California. No wonder y'all have an income tax.
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