• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / Politics / Govt / Big Oil tax debate in budget committee

Big Oil tax debate in budget committee

May 31, 2007 By WRN Contributor

The debate may be heated but the Joint Finance Committee is expected to keep Governor Doyle's Big Oil tax in the budget.

The real battle will be in the legislature where republicans are calling the idea unconstitutional and unenforceable. But Revenue Secretary Roger Ervin  says assessing big oil on the profits it makes in the state and preventing the cost from being passed on to consumers… will work.

Ervin hopes once the tax passes, the state will be able to work with the oil companies on compliance.

Republican Senator Glen Grothman is convinced the state will be sued and will lose. To him, that means not only will the price of gas go up five cents a gallon but taxpayers will be on the hook for wasted legal fees as well.

But Secretary Ervin believes the state is on solid legal ground in protecting consumers while giving oil companies a chance to invest in future customers.

The administration estimates the tax would bring in two hundred seventy four-million dollars over two years for roads. Ervin says using the tax to build better roads for more drivers should be considered a good investment for oil companies.

AUDIO: Jim Dick reports ( 1:06 MP3 )

Share this:

  • Facebook
  • Twitter

Filed Under: Politics / Govt



Featured Stories

House passed gun purchase background check bills last year with no support from Wisconsin Republicans

Future of abortion in Wisconsin hinges on SCOTUS ‘Roe’ decision

Juvenile arrested in connection with death of Lily Peters

Missing Chippewa Falls girl found dead, police seek suspect

Medical marijuana legislation gets public hearing at Capitol

TwitterFacebook

Sports Headlines

Giannis breaks franchise scoring record, Bucks beat Nets in OT

Wisconsin’s Davis declares for NBA Draft

Badgers to face Arizona State in Las Vegas Bowl

Williams likely out for the season with broken hand

Packers releasing TE Jace Sternberger

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2022 · Learfield News & Ag, LLC