Severance Pay from Oil?
A new ballot initiative is going into circulation which imposes an oil severance tax for education, including higher ed. It apparently has some level of endorsement from community colleges. However, there is no money at this point for signature gathering. Hiring signature-gathering firms for an initiative costs $1-$2 million. The backers say they will use students, Facebook, etc. So far, no one has gotten anything on the ballot in recent memory without hiring signature-gathering firms. Of course, getting something on the ballot is only a first step. You then need lots more money for TV ads, particularly if you take…
