So Which Way Is It Jimmy?
Gov. Jim Doyle’s proposed new tax on oil companies would amount to a 7-cent increase in the gas tax. At current pump prices, the governor’s tax increase would raise the 32.9-cent gas tax, already one of the highest in the nation, to about 40 cents.
Doyle insists that the tax would not be passed on to consumers yet University of Wisconsin-Madison business professor Rodney E. Stevenson said he expects any new Wisconsin tax on oil companies to be passed to consumers in some way.
What is really funny is that Doyle said he disagrees with other Governors who are suspending their state gas tax for the summer, his reason, because they cannot control the price the oil companies charge for gas, so suspending the tax would only hurts the state and the transportation budget. But yet he says that his tax will not cause oil companies to raise the price? SO which is it Jimmy, how do you know your tax on oil companies will not cause price increase, but suspending the gas tax is will cause a price increase? One has to wonder what’s in the water in Madison these days.