Stop subsidizing big oil

Denver Post- October 10, 2008
Amendment 58 does two things for the State of Colorado: 1) eliminate a collective $300 million tax subsidy for oil companies in the state and companies that produce over $300,000 pay a flat rate of 5% while producers under $300,000 pay no tax, 2) tax revenue from oil and gas production will pay for public education and college scholarships as well as environmental preservation.
I think it is unfair for industry to extract resources and not pay their way in taxes, because the taxes are in place to provide education to the employees extracting the resources and to recover the landscape.

http://origin.denverpost.com/ci_10682420