In a message dated 3/4/2003 1:46:40 AM Eastern Standard Time, [EMAIL PROTECTED] writes:
The cost
is to the rate payers, although tax payers will pay a small amount.
Aren't the rate payers (beyond corporate users who will probably deduct higher expenses) the same people that pay taxes, just
Title: RE: [PEN-L:35272] Re: The real Gene Coyle
That's a point that Jackie Goldberg made, too. But Michael Perelman asked about the extent to which the Enron-et al-engendered energy emergency effected the California state budget.
Jim
-Original Message-
From: [EMAIL PROTECTED
Nomi:
Yes.
There is probably some shifting of the burden -- but I'm not sure which
way. I don't know enough -- anything, really -- about how corporations
get taxed vs how much they will pay in electric bills.
My guess is that the rich will come out ahead, but I'm not sure. The
very
Title: RE: [PEN-L:35277] Re: Re: The real Gene Coyle
one thing is that the burden on the rate-payers of the high cost of electricity is likely to encourage resistance to tax hikes which makes the upcoming legislative train-wreck (the collision of anti-tax-hike GOPsters, anti-services-cut Dems
Thanks to all who answered the question -- everybody got it right.
The special tea recipe that fuels Ian was unavailable to me.
Michael asked what was the impact of the Calif electricity crisis on the
state's budget crisis.
The answer Jim provided is simple but essentally close enough. The
