An oil tax for education
Re: “Legislators demand campus change” in Thursday’s Enterprise
The Legislature’s “pepper spray committee” that grilled university administrators, including UC Davis Chancellor Linda Katehi, about campus police procedures seemed to be jumping on the bandwagon. It’s already clear that students have been subjected to brutal treatment and Katehi has demonstrated weak leadership.
The Legislature’s chief responsibility here is to find the funds needed for higher education, clearly the most important investment for the state’s future.
New taxes in a sour economy are hard on ordinary people, but the oil companies continue to reap enormous profits. California could get billions in new revenue from a tax on oil extraction, a levy most other oil-producing states have.
Even Arnold Schwarzenegger proposed a 10 percent oil tax. It would have raised $1 billion a year. Let’s have a hearing on that!
Ken Wagstaff
Davis
Short URL: http://www.davisenterprise.com/?p=117271
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