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Walker reduces amount available for oil tax credits

JUNEAU - Gov. Bill Walker is limiting the amount available to pay for oil and gas tax credits this fiscal year.In a letter to legislative leaders, Walker said the state will continue funding credits this year but...
My Turn: Killing government with demands of efficiency

...fact Alaska has no state income, sales or property tax. Some communities impose the latter two, but just as the state gas tax is the lowest in the nation, we're taxed far less than any other state.Petro is right about how most of us would respond...
Residents rank 3 state services as low priority

...people to consider, including income taxes, sales taxes, using the Permanent Fund as an endowment, reviewing oil and gas taxes and considering a state lottery.Cuts and fiscal restraint will be critical, but cutting down to a sustainable budget...
My Turn: The view from the Democratic side of the House

...billion of that. Importantly, we propose the extra money would be "paid for" by: (1) Postponing portions of oil and gas tax credits; (2) Reappropriating U-MED Road monies; (3) Slowing or defunding megaprojects; (4) Not occupying the...
Legislature passes gas tax increase to fund spill cleanup

The Alaska Senate has approved a new tax on refined fuel to pay for a spill prevention and response program run by the Alaska Division of Environmental Conservation.
State | AK legislature
Finance director paints sobering budget picture

...have to cut $1 billion from programs like Medicaid, education, debt service, retirement system payments and oil and gas tax credits - plus eliminate agencies and non-formula programs, Teal's division wrote in a report earlier this year...
State | AK legislature
Walker administration won't revisit SB21

...for a while to see if it does what it's supposed to do. I don't think there's any appetite to take on an oil and gas tax law in the near future."Sen. Pete Kelly, R-Fairbanks, said he was happy to hear the commissioner's response...
State | AK legislature
Gas line, marijuana things to watch this week in legislature

...criminal laws and otherwise playing a role in how legalization is implemented. Hearings this week start on Monday. Oil and gas tax creditsThe Senate and House Finance committees are set to get separate updates on the credit issue Tuesday. Walker, in...
State | AK legislature
My Turn: Economic freedom: A magic pill we shouldn't swallow

...Obamacare and the federal estate tax, complaints about the Export-Import Bank, opposition to increasing the national gas tax and support for Republican efforts to balance the federal government's budget. They do have posts related to Medicaid...
Hoffbeck talks gas line during confirmation hearing

...needs to look at such things as broad-based taxes, making changes to fee structures and perhaps revisiting oil and gas taxes.The committee forwarded his nomination to a joint session of the Legislature for consideration.
State | AK legislature


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