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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...
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...
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...
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...
State Democrats unveil another oil tax plan 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...
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...
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...
Without cuts, Alaska faces budget deficit 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...
Parnell pitches oil tax bill

...while also addressing the level of government take at high oil prices.Parnell briefed House and Senate leaders on the plan...significant amounts and collecting a lot of revenue at high oil prices to cover them," Parnell said. "But the state's...
Limit distraction, focus on state, federal finances

...long this state and nation have been living with eyes wide shut on our financial problems. In Alaska it is masked by high oil prices. In Washington, D.C. it is masked by every partisan debate that never gets solved. But now, instead of focusing...


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