...What has changed is the administration's willingness to ask the Legislature to part with a fraction of the increased oil revenue it is earning throughout the state. It seems to prefer either passing those increased costs on to the ridership...
...5 percent. It taxed gross profits. Palin proposes a net profit tax of 25 percent. While Murkowski's tax increased oil revenue to the state by about $800,000 annually, the state Department of Revenue claims a legislative version of Alaska's...
...Democrats this session share the same goal to save about half of the expected $1.2 billion surplus coming from increased oil revenues. Considering that the governor's budget spends almost all of that, the lawmakers will try to make some cuts...
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