problem is a lot of folks pay little or no income
tax but still pay utility bills.
mbs
It seems to me that Governor Gray Davis has a easy solution to the current
energy crunch, which seems to have shut pen-l down for awhile: he could
allow electricity retail prices to rise, while allowing California
consumers to write off electricity costs on their state income taxes this
year. (The latter is possible because the state government is running a
budget surplus.) This is not the best solution, but it would work, perhaps
to give breathing room to allow a better solution. Gene, what do you think?
At 05:49 PM 1/22/01 -0800, you wrote:
>The Globe and Mail January
>22, 2001
>
>U.S. touts California-style power plan
>
> By Barrie McKenna
>
>SAN FRANCISCO -- The U.S. government is pushing California-
>style power deregulation on the rest of the world even as the state's
>controversial electricity free market experiment continues to unravel
>at home.
> Just weeks before Californians were hit with the first power
>blackouts since the Second World War, the United States was
>quietly lobbying in Geneva to convince Canada and other U.S.
>trading partners that electricity deregulation should be an integral
>part of a proposed free trade in services deal.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
