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Q&A: Alaska House of Representatives

...Alaskans wanted revenue diversification measures passed in deficit years 2003-06 rolled back as soon as we had high oil prices and an oil tax structure that gave us a surplus. For example, the business tax was cut in half, the lowest gasoline...

http://peninsulaclarion.com/opinion/2014-10-29/qa-alaska-house-of-representative
Opinion
ACES is better for Alaskans

...supported by the Alaska Department of Revenue: Revenue Sources Book, fall 2013. SB21 will lose billions for Alaska at high oil prices and even at current oil prices with escalating expenses. Additionally, North Slope oil leases need to be enforced...

http://peninsulaclarion.com/opinion/letters/2014-07-31/aces-is-better-for-alaska
Letters
Parnell signs budget bills, makes no vetoes

...the oil tax. Wielechowski, for example, favors returning to a tax structure that captures more for the state at higher oil prices. A referendum on the oil tax is scheduled for August.Parnell, for his part, told the Rotary group the best facts...

http://peninsulaclarion.com/news/2014-05-28/parnell-signs-budget-bills-makes-no-
News
Les Gara: SB 21 contains troubling provision

...concedes SB21 would have reduced Alaska revenue by over $1 billion/yr. if it were in place at 2012 and 2013's higher oil prices. SB 21 should be replaced by a law letting Alaskans share fairly when high prices create staggering corporate profits...

http://peninsulaclarion.com/opinion/2014-05-20/les-gara-sb-21-contains-troubling
Opinion
State budget a work in progress

...version.That said, it is shaping up to be a more frugal capital budget than in recent years, when revenue from high oil prices boosted state coffers. The state's revenue forecast predicts a decline in the coming year, and the governor has...

http://peninsulaclarion.com/opinion/2013-12-21/state-budget-a-work-in-progress
Opinion
State: SB 21 is tax reform, not tax break

...structure that allows Alaska to share in the benefit of high oil prices.Mike Pawlowski, an oil and gas adviser for the Department...oil production continues to decline. She said the high oil prices in 2008 that allowed Gov. Sarah Palin to propose a...

http://peninsulaclarion.com/news/2013-11-25/state-sb-21-is-tax-reform-not-tax-br
News
State Democrats unveil another oil tax plan

...in their respective chambers - would reinstate a progressivity formula that was in the ACES tax but reduce it at higher oil prices and cap it at about $192.50 a barrel under current estimates, according to a fact sheet."We do bend the curve...

http://peninsulaclarion.com/news/2014-03-02/state-democrats-unveil-another-oil-t
News
Oil tax reform keeps Alaska in the game

...while production is up everywhere else in the nation. ACES caused Alaska to miss out on the oil boom brought about by high oil prices.That should concern every Alaskan interested in good jobs, a sound economy and a bright future. It certainly raised...

http://peninsulaclarion.com/opinion/2013-12-02/oil-tax-reform-keeps-alaska-in-th
Opinion
Time for change in Alaska

...in the United States. We very much are not. But, Alaska has more than $10 billion in the bank because of recent high oil prices. This money is not in the Permanent Fund and it's not committed to anything. We have money. We don't have a...

http://peninsulaclarion.com/opinion/letters/2012-11-26/time-for-change-in-alaska
Letters
Without cuts, Alaska faces budget deficit

...report echoes concerns also raised by Parnell's budget office.Alaska relies heavily on oil revenues to run, and higher oil prices in recent years have helped to mask the impact of declining oil production. According to the report, Alaska anticipates...

http://peninsulaclarion.com/news/2013-01-14/without-cuts-alaska-faces-budget-def
News

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