Pages

▼

Monday, January 28, 2008

Pipeline Tax Passes Committee, Heads for Floor

A correspondent in Pierre says SB 190, the two-cent-per-barrel pipeline tax, passed the Senate State Affairs Committee this morning on a 6-3 vote. Yahoo! At least three Republicans had to vote for it. I'm still thinking we should quintuple the tax -- ten cents a barrel is still just 0.1% of the value of the product, 40 times the rate South Dakota charges its own citizens for food. But two cents a barrel is better than a free pass for Big Oil. Call your legislators, tell them the pipeline tax is a source of revenue too good to pass up.
at

1 comment:

  1. Anonymous1/28/2008 7:12 PM

    It makes sense to tax the pipeline flow at a stronger level than what has been proposed because TransCanada needs South Dakota for its path, and we need the harmless tax revenue. This is a tax that will harm no one, nor cost a single South Dakotan a penny. The Governor is asking for new revenue sources, especially for funding education proposals....Well, here it is, and not one citizen of our great state would have to pay.

    ReplyDelete

Comments are closed, as this portion of the Madville Times is in archive mode. You can join the discussion of current issues at MadvilleTimes.com.

Note: Only a member of this blog may post a comment.