Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:49 AM

GasBuddy News Article

21
votes
Senate panel tackles oil tax revision

Anchorage Daily News online -- Proposed measure immediately attracts a host of amendments.

By LISA DEMER
Anchorage Daily News

Published: February 24th, 2012 10:08 PM
Last Modified: February 25th, 2012 12:07 AM

JUNEAU -- The big fight in the Alaska Legislature this year over oil taxes is beginning to play out in the Senate Resources Committee and it may be epic.

A new version of an oil tax bill was unveiled Friday afternoon -- with 17 amendments or related ideas right off the bat. The committee is meeting again on Saturday to discuss them.

The measure rolls back oil taxes but not as much as Gov. Sean Parnell wants.

The Resources Committee is taking the lead in crafting a Senate alternative to tax legislation pushed by Parnell that cleared the state House last year, only to stall in a skeptical Senate.

The resource


Read the Full Article

Submitted Feb 25, 2012 By: Nitewolf
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Senate panel tackles oil tax revision Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
roadrunnin
Champion Author Richmond

Posts:2,138
Points:815,080
Joined:May 2008
Message Posted: Feb 26, 2012 7:53:03 AM

So essentially Alaskan politicians think that lowering the tax rate for now more profitable oil companies will bring them back North . . . maybe the answer is for other states to start taxing them too, everyone is repealing taxes on oil companies and yet, nothing is being done by oil companies to help domestic consumers.
Profile Pic
dsaine
Champion Author North Carolina

Posts:5,606
Points:1,203,470
Joined:May 2011
Message Posted: Feb 26, 2012 6:21:17 AM

Wait and Watch
Profile Pic
buckets42
Champion Author New Jersey

Posts:1,690
Points:329,550
Joined:Oct 2011
Message Posted: Feb 25, 2012 7:19:58 PM

Yeah.
Profile Pic
scu227
Champion Author New Haven

Posts:6,909
Points:1,343,630
Joined:Feb 2011
Message Posted: Feb 25, 2012 4:49:44 PM

Politician trying to position for elections.
Profile Pic
kag2010
Champion Author Winnipeg

Posts:7,644
Points:1,583,640
Joined:Apr 2010
Message Posted: Feb 25, 2012 4:13:22 PM

A new version of an oil tax bill was unveiled Friday..
Profile Pic
paulsond
Veteran Author Maryland

Posts:287
Points:638,570
Joined:Sep 2008
Message Posted: Feb 25, 2012 4:08:18 PM

Interesting.
Profile Pic
doggod
Champion Author Anchorage

Posts:4,340
Points:1,065,160
Joined:May 2009
Message Posted: Feb 25, 2012 4:04:16 PM

Oil taxation is a delicate tightrope because there's a long way to fall in both directions.

Profile Pic
ktbaeohana
Champion Author Las Vegas

Posts:4,339
Points:951,890
Joined:Mar 2010
Message Posted: Feb 25, 2012 3:42:14 PM

Watch and see.
Profile Pic
djwhit
Champion Author Ohio

Posts:5,230
Points:1,766,780
Joined:Jul 2009
Message Posted: Feb 25, 2012 2:21:58 PM

WAKE UP USA.......
Post a reply Back to Topics