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View Diary: California's Succeeding Despite Antitax Hurdles (105 comments)

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    with oil depletion taxes tend to be those  that are net exporters of oil which makes sense.

    So when Alaska has oil depletion taxes, they're effectively raising revenue from everyone else.

    California is a net importer of oil, so an oil depletion tax would basically just raise the cost of gas for it's own citizens, which most Californians won't find fun since California already has the second highest gas tax and one of the highest sales taxes in the country.

    The people rejected an oil depletion tax in 2006. Look it up.

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