On top of massive increases in the cigarette tax, car registration tax and driver’s licenses taxes, his push to end the QEO, and plans to essentially end the “limits” of the Craps Tax Anti-Freeze by allowing municipalities to raise taxes 4% annually, Jim “Craps” Doyle (WEAC/Potawatomi-For Sale) now wants to pay for his $1.1 billion raid on the transportation fund to pay off WEAC by slapping a 2.5% tax on each barrel of oil used in Wisconsin (with corn-a-hole and “junk” diesel, of course, exempt because ADM has bought Craps) and forcing them to not pass the increased taxes on to Wisconsin residents pass it on to the rest of the country.
Economics 101 – Corporations ultimately do not pay taxes. Each and every penny eventually gets paid by the consumer. Even if Craps can con his packed State Supreme Court into saying he can “force” the oil companies to not pass it along to the Wisconsin consumers, they will pass it along to the rest of the country.
I wonder if KY Jelly is also exempt; as the Asian Badger has been saying, we’re going to need it.
