...surcharge at 50 percent when oil prices top $92.50 a barrel; for new fields, the cap would be at 40 percent at higher-priced oil. The tax-rate change alone would cost the state treasury more than $5.2 billion between fiscal years 2013-2017...
...million cap imposed last year or make the cap higher to correspond with the money the state expected to get from higher-priced oil, he said. He said he'd support raising the Constitutional Budget Reserve cap to the close to $1.13 billion...
...million cap imposed last year or make the cap higher to correspond with the money the state expected to get from higher-priced oil, he said. He said he'd support raising the Constitutional Budget Reserve cap to the close to $1.13 billion...
...surcharge at 50 percent when oil prices top $92.50 a barrel; for new fields, the cap would be at 40 percent at higher-priced oil. Berman said the current tax structure, passed in 2007, came when people considered $100-a-barrel oil unusual...
...surcharge at 50 percent when oil prices top $92.50 a barrel; for new fields, the cap would be at 40 percent at higher-priced oil. "I think Alaska ought to be competitive because we have a world-class resource," he said.
...suggestions to enact a windfall profits tax on oil above $18 per barrel. Equalizing corporate and state "profits" on high-priced oil would have raised about $3 billion over the last three years - enough to pay PFDs, eliminate the deficit and provide...
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