Fix State’s Shortfall With $1 Gas Tax
The easy solution to California’s $38-billion deficit is to increase the tax on gas by as much as $1 per gallon. This tax should be used only to pay for the $38-billion deficit and it should be rescinded when that debt is paid.
Of course, we should cut wasteful government bureaucracy and lower salaries above $100,000 a year at the same time as we tax the gas, so that we don’ t create future deficits. We should also offer incentives (less taxes) for businesses that create more jobs in California. We shouldn’t cut services for the needy. We should make it so there are fewer needy people.
ChevronTexaco Corp. made more money in the first quarter of 2003 than all of 2002. Price-fixing? People complained, but they paid the higher gas costs. In Europe the gas prices are a lot more than here. We can survive a few months of high gas costs.
John Wisdom Dancer
Canoga Park
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