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.