P66 Cries Poor and Gets Its Property Taxes Dramatically Reduced

Many thanks to former Rodeo resident, Teagan Clive, who called out Contra Costa County for slashing P66’s property taxes back in 2015, a reduction based on industry profits not land value…and then not being terribly forthcoming with the public about its decision.

keep calm and cha ching

Setting aside the important issue of the lack of transparency over how the County made this tax deal, one has to wonder how a subsidiary of one of America’s largest oil extraction companies can “cry poor”?   Please read a reprint of an article from Ed Tannebaum’s fine blog, CRGNA.org (Crockett Rodeo Good Neighbor Agreement) published January 21, 2014.  It is well worth a read.  http://crgna.org/blog/2015/01/new-property-tax-base-for-p66/

And consider this:  The Rodeo refinery is only one 1/2 of the “San Franciso Refinery” (the back half).  The Rodeo refinery is connected by pipeline to the front half, the refinery located in San Louis Obispo County.

So, it begs the question:  Why didn’t P66 didn’t bother pulling the “poor me” tax dodge down South? Could it be that P66 wasn’t “feeling the love” from the San Luis Obispo County Board of Supervisors after it turned down P66’s crude-by-rail expansion?