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.
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 Calif
The tax write off answer is better than no solution at all, but there are two
problems:
1. It doesn't address the basic issues -- deregulation has caused shortages
and rampant energy price inflation.
2. It assumes that consumer will have enough money to pay quickly escalating
costs and then wait
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 cr
Just quickly: Jim, are you proposing to funnel public money to the utilities
by them charging customers higher prices and then the customers get re-imbursed
out of the state treasury? Utilities get more money, customers come out even,
but taxpayers pay?
Not very appealing to me. For twenty
At 07:53 PM 01/23/2001 -0800, you wrote:
>Just quickly: Jim, are you proposing
I'm not really proposing anything, since I have zero impact in Sacramento.
I'm just trying to figure out what's going on. Looking at policy options
(especially those that aren't pursued) can be revealing.
>to funne
