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Posts tagged “Jim Doyle”

By Robert Rapier on Mar 7, 2007 with 1 response

Wisconsin’s "Robin Hood" Tax

Those Bewildering Energy Markets Wisconsin Governor Jim Doyle has a new proposal for punishing those “greedy, gouging oil companies” for their “unfair profits.” His proposal is to rob from the “rich” – the oil companies – and give to the “poor” – the state government of Wisconsin. However, as I will show in this essay, the irony of the situation is that the poor in this case are already making bigger profits in Wisconsin than are the rich. Based on Governor Doyle’s recent comments, I have to include him among those with a very naive view of how the energy markets work. His understanding appears to be like that of the proponents of Prop 87, about which I wrote several… Continue»