then, make it a refundable tax credit, or lower the state sales tax further.

At 11:55 AM 1/23/01 -0500, you wrote:
>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

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine

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