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Publisher’s Note: As part of an ongoing effort to bring original, thoughtful commentary to you here at the FlashReport, I am pleased to present this column from John Kabateck, Executive Director of the California NFIB – Flash]
California has some of the highest taxes. I’m sure you already feel it every time you open your wallet, every time you fill up your gas tank and when you see what’s left of your paycheck after government takes its share.
John Kabateck
Once again, there’s a renewed effort at the Capitol to increase your taxes through an oil severance tax. Senate Bill 1017, by Sen. Noreen Evans, would add a 9.5% tax to every barrel of oil extracted in-state, effectively tripling our oil taxes and further cementing California’s status as the most taxed state. All of the oil drilled in California is used here, so any cost increase will only hurt consumers everywhere, particularly small businesses. A severance tax will also hurt production and jobs in California as small companies simply will not be able to compete in the marketplace.
Recently, business groups that include NFIB, taxpayers, and consumers have joined together to form a coalition to fight this devastating tax. Just as Californians are starting to see traces of a slight upswing, an oil severance tax would be detrimental to our economy and jobs. This tax would raise gas prices, which in turn would drive up costs for the goods and services Californians rely upon each day.
This proposal would also increase the state’s dependence on foreign oil. The tax would only apply to oil produced in California. It would penalize California-based companies and reward out-of-state imports. It’s another example of politicians driving business – and the jobs they produce – directly out of California.
Even Governor Brown has said now is not the time to raise taxes, but his fellow Democrats apparently haven’t gotten the message. That’s why it’s so important for you to make your voice heard and join our coalition by visiting www.stoptheoiltax.com. On the website, you can email your state legislators directly and let them know why SB 1017 is a horrible idea for California. You can also stay up-to-date with the Coalition’s latest news on social media at: www.twitter.com/stoptheoiltax and www.facebook.com/stoptheoiltax
For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities. To learn more visit www.NFIB.com/california.
This entry was posted
on Thursday, March 6th, 2014 at 6:44 am and is filed under Commentary.
Join the Fight to Keep Jobs in California and Keep Sacramento Out of Your Wallet
Posted by John Kabateck at 6:44 am on Mar 06, 2014
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Publisher’s Note: As part of an ongoing effort to bring original, thoughtful commentary to you here at the FlashReport, I am pleased to present this column from John Kabateck, Executive Director of the California NFIB – Flash]
California has some of the highest taxes. I’m sure you already feel it every time you open your wallet, every time you fill up your gas tank and when you see what’s left of your paycheck after government takes its share.
John Kabateck
Once again, there’s a renewed effort at the Capitol to increase your taxes through an oil severance tax. Senate Bill 1017, by Sen. Noreen Evans, would add a 9.5% tax to every barrel of oil extracted in-state, effectively tripling our oil taxes and further cementing California’s status as the most taxed state. All of the oil drilled in California is used here, so any cost increase will only hurt consumers everywhere, particularly small businesses. A severance tax will also hurt production and jobs in California as small companies simply will not be able to compete in the marketplace.
Recently, business groups that include NFIB, taxpayers, and consumers have joined together to form a coalition to fight this devastating tax. Just as Californians are starting to see traces of a slight upswing, an oil severance tax would be detrimental to our economy and jobs. This tax would raise gas prices, which in turn would drive up costs for the goods and services Californians rely upon each day.
This proposal would also increase the state’s dependence on foreign oil. The tax would only apply to oil produced in California. It would penalize California-based companies and reward out-of-state imports. It’s another example of politicians driving business – and the jobs they produce – directly out of California.
Even Governor Brown has said now is not the time to raise taxes, but his fellow Democrats apparently haven’t gotten the message. That’s why it’s so important for you to make your voice heard and join our coalition by visiting www.stoptheoiltax.com. On the website, you can email your state legislators directly and let them know why SB 1017 is a horrible idea for California. You can also stay up-to-date with the Coalition’s latest news on social media at: www.twitter.com/stoptheoiltax and www.facebook.com/stoptheoiltax
For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities. To learn more visit www.NFIB.com/california.
This entry was posted on Thursday, March 6th, 2014 at 6:44 am and is filed under Commentary.