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Old March 8th 05, 03:59 PM
Pete C.
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y_p_w wrote:
>
> Steve wrote:
>
> > Tom Del Rosso wrote:
> >
> >
> >> Is their plan to tax gas more if the vehicle has high mileage??? That
> >> seems
> >> backwards even for them.
> >>
> >>

> >
> > Of course, didn't you see that coming? It happens all the time:
> >
> > Tax the fire out of cigarettes to "discourage" smoking and rake in
> > reveue.... then the amount of people who smoke really DOES go down and
> > "whoops! Not enough tax revenue, gotta open a new revenue stream."
> >
> > Tax the snot out of gasoline, people go buy efficient cars, and "whoops!
> > Not enough gasoline tax revenue, better start charging people by how
> > many miles they drive to recover revenue."

>
> It was kind of strange how it worked with regulated energy utilities.
> They created customer credits and incentives to purchase more efficient
> electrical appliances, and as a result were allowed to increase rates
> to make up for a lower demand for power.
>
> Of course that went all batty when California deregulated its power.


The problem is that CA didn't really deregulate their power, they only
*half* deregulated it. It was their "deregulating" the retail and still
regulating the wholesale that caused the whole thing to implode. Sure
Enron may have tried to manipulate things near the end, but it was CA's
bogus deregulation that set things up for collapse.

Pete C.
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