This Just In...
Kevin Fischer is an award-winning veteran broadcaster who has been seen and heard on Milwaukee TV and radio stations for nearly three decades.
Kevin, who is a legislative aide to state Sen. Mary Lazich (R-New Berlin), can be seen offering his views on the news on the public affairs program, “InterCHANGE,” on Milwaukee Public Television Channel 10, and heard filling in on Newstalk 1130 WISN. He lives with his wife, Jennifer, and their baby daughter, Kyla Audrey, in Franklin.
Here we go again: The attack on the oil companies
By Kevin Fischer
Thursday, Nov 20 2008, 05:44 PM
$2 billion? Nope.
$4 billion? Nahh.
$5 billion? Not quite.
Governor Doyle announced this afternoon the state budget deficit is $5.4 BILLION. Democrats quoted by the Journal Sentinel are “stunned” by the numbers. Had they listened to fiscally conservative republicans for the past umpteen years who warned about exorbitant taxing and spending, maybe they would have realized that you can’t keep using the Visa card over and over and over and over again.
Now come the silly ideas on how to fix this chaos. Governor Doyle plans to resurrect one of them: his proposed tax on oil companies. There are a couple of problems with what, to some, might sound peachy keen on the surface:
1) Any tax imposed on oil companies will simply be passed on to consumers in the form of increased prices, and/or oil companies will stop doing a fair amount of business in our state.
2) This minor triviality: the idea may be unconstitutional.
Time to review why this is a horrible plan.
Take a few minutes to read the truth about so-called Big Oil, and why you shouldn’t be mad at Big Oil.
