WPC Memo Full of Errors
By
Eric de Place
The Daily Score - Sightline
February 26, 2010
Blog Post
"Washington Policy Center, a right-leaning think tank, is shopping around a legislative memo opposing an increase in the state's hazardous substance tax. The memo is riddled with errors, including two big ones.
First, WPC claims on page 1:
The state would collect new revenues by increasing the tax rate on hazardous substances imported into Washington. This would increase gas prices by four to six cents per gallon.
That's false. And it's obviously false to anyone who bothers to perform some simple arithmetic. All you need to do is multiply the tax increase (1.3%) by the wholesale price of gasoline (about $2.30)..."

