News in Brief

Ala. Schools Chief: BP Owes Students for Lost Tax Revenue

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

Alabama’s state schools superintendent said last week that he plans to bill BP for the loss of education tax revenues caused by the massive oil spill in the Gulf of Mexico. He said he would sue the company if it doesn’t pay.

Superintendent of Education Joe Morton said the oil spill’s impact on Alabama’s tourism and fishing industries is hurting tax collections, particularly sales, income, and utility taxes that go toward public education.

He said he will use economic experts to calculate the loss each month and will send BP a bill. If he is rebuffed, Mr. Morton said, he will sue the oil company on behalf of Alabamas 745,000 public school students.

Vol. 29, Issue 35, Page 4

Published in Print: June 16, 2010, as Ala. Schools Chief: BP Owes Students for Lost Tax Revenue
Related Stories
Notice: We recently upgraded our comments. (Learn more here.) If you are logged in as a subscriber or registered user and already have a Display Name on, you can post comments. If you do not already have a Display Name, please create one here.
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories