Oil Exporter’s Oil-Spill Fund Payment an ‘Unconstitutional Export Tax,’ Court Holds. But the Decision Goes Without Precedent
A three-judge panel of the U.S. Court of Appeals for the Fifth Circuit has decided that payments by oil exporters into an oil-spill remediation fund are unconstitutional export taxes. But the holding held not so much because one judge concurred only in the judgment and one dissented, evidently robbing the decision of precedential value.