Confronted by College Republicans, Asm. Torrico: “I’m willing (for this tax) to cost 9,000 jobs.”
With a h/t to FR Friend Leigh Wolfe and Patriot Axium, we present this great, short video taken at San Jose State University where the College Republicans protested a small rally in support of raising oil severence taxes, with the guest of honor — liberal State Assemblyman Alberto Torrico.
Torrico claims his legislation will generate $1 billion to fund higher education. The bill would increase gas prices and the final fiscal report on the bill shows it will generate less than half the promised $1 billion. A study of the proposal also found that it will result in the loss of 9,000 jobs in the oil and natural gas industry in California, a state that already has one of the highest unemployment rates in the country.
After he speaks, Torrico is confronted by College Republican activists and pressed on his support of higher taxes in a bad economy. When asked if he was ok with putting 9,000 people out of work he responded with a clear “I’m willing (for this tax) to cost 9,000 jobs."
I should add, as a former Chairman of SJSU College Republicans, that I am particularly proud of their… Read More