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Judge strikes down Richmond's Chevron tax

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posted on Dec, 25 2009 @ 05:40 AM
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Judge strikes down Richmond's Chevron tax


www.sfgate.com

In a blow to financially strapped Richmond and a $20 million victory for Chevron Corp., a Contra Costa County judge has struck down a tax approved by voters last year that assessed the company for the value of the crude oil it refines in the city.
Measure T is unconstitutional because the tax is out of proportion to the business Chevron does in Richmond and the services it receives there, said Superior Court Judge David Flinn.
(visit the link for the full news article)


Related News Links:
www.latimes.com




posted on Dec, 25 2009 @ 05:40 AM
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My first thought in reading something like this is the government elite just helping out there rich buddies that pay to put them in office. But from what the article was saying this was a local voter approved tax to be levied. In that regard I do think it shows the people are getting a little annoyed at the oil companies having record breaking profits while the little people can afford to drive there cars any more. That in itself could amount to something.

www.sfgate.com
(visit the link for the full news article)



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