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March 21, 2008

Dems want higher taxes, but think it is okay because they are only attacking the oil and gas industry

Democratic lawmakers are planning a ballot measure that would raise taxes on the oil and gas industry and channel tens of millions of additional dollars to Colorado's universities.

Sens. Abel Tapia and Chris Romer on Thursday revealed the measure, which would increase the severance tax on the industry from 5 percent to 6 percent.

http://www.rockymountainnews.com/news/2008/mar/21/proposal-aims-to-raise-taxes-on-oil-gas-industry/

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