Note from Rep. Gara: Oil Production for Tax Reduction; And a Poll: Gulp, Want Shorter Newsletters?
February 19, 2013
Our Oil Bill: Alaska Production to Earn Tax Reductions
Earlier this month I and others filed legislation we think will work far better than the Governor’s bill. It requires Alaska production for reasonable tax reductions. That contrasts to the Governor’s bill, the major part of which gives away $1 - $2 billion in Alaska revenue allowing companies to spend that money anywhere they want in the world, with no Alaska investment requirements.
Read More →
NEWS: Democrats Introduce Oil Tax Alternative
February 11, 2013
Reduction for Production: Bill Targets New Oil in the Pipe and Protects Alaska
JUNEAU – House and Senate Democratic legislators introduced legislation today to grant tax concessions to oil producers who put new oil into the pipeline. The bill (SB50, HB 111) targets tax incentives to new fields and to new development in existing fields, and it offers other incentives outside the tax code to spark new development.
Read More →
BREAKING: Democrats Press Conference - Oil Tax Alternative
February 11, 2013
House and Senate Democrats to hold press conference today to introduce oil tax alternative
WHAT: Democratic legislators Press Conference to introduce their oil tax alternative
WHEN: 12:00 noon, Monday, February 11, 2013
WHERE: Butrovich Room, State Capitol
TELECONFERENCE: From Juneau: 463-5009
Outside Juneau: 855-463-5009
Read More →
Rep. Kerttula’s Newsletter: Oil & Gas Taxes: Give Oil Companies the Right Incentives
October 7, 2012
One of the most important things the Legislature deals with is taxes
for oil and gas. The reason it’s so important is because approximately 80 to 90 percent of the State of Alaska’s general fund revenues come from these taxes. That means oil and gas revenues are responsible for funding schools, building roads and all the other things the government does for Alaskans.
This week, the Anchorage Daily News ran an opinion piece I wrote describing why it’s a bad idea to change our current structure.
Thank you for reading my newsletter. I appreciate hearing from you, so please stop by the office, call, write or email.
Read More →
Note from Rep. Gara: Rehabilitating the Truth On Oil Taxes, Avoidable School Cuts, Record UA Foster Youth Enrollment
October 1, 2012
Would You Like Some Facts With Your Hyperbole, Sir?
It hasn’t surprised me to hear some of the claims on the oil tax debate this past year. The implication is that those who didn’t support the Governor’s $2 billion giveaway (which allows companies to take our tax dollars and spend them outside Alaska if they wish) are happy with the status quo. Horsepucky. Hey, did you know there is no computer spell check for horsepucky? Well, that’s not important. Anyway, no one in the Legislature voted for the status quo. NO ONE.
Read More →
