Tuesday's vote on Ballot Measure 1 will decide if Alaska retains a controversial oil tax system adopted by the Legislature in 2013 or reverts to the previous tax system, known as ACES.
Earlier this month, I announced that I intend to spend up to $200,000 this coming fall in certain key legislative races. The reason I am doing that is simple.
Since the discovery that Alaska has a wealth of oil, there have been debates about how best to spread that wealth between the state and oil industry. Alaskans will vote on Tuesday on whether to repeal the fifth tax regime since the oil boom of the 1970s.
I was surprised when GOP Senate hopeful Mead Treadwell endorsed the National Sales Tax at a debate in Homer. Treadwell even confirmed his support for the tax in follow-up interviews with journalists.
Only three legs support the Alaska economy: oil, the federal government and everything else. That's why oil tax reform is an Alaska problem, not an oil company problem. Oil companies can invest anywhere in the world, and they do.
For almost four decades, Alaska's business community - including those of us at Northrim Bank - have relied on economist Scott Goldsmith for his expertise and analysis of the health of the state's economy.
A University of Alaska Anchorage researcher reported SB21 is generating growth and positive results for Alaskans, amid claims by some that the new oil tax system has already failed.
Over the years, I've read many of the reports written for the Institute of Social and Economic Research (ISER). In May, ISER published the report funded by Northrim Bank and written by Dr.
The oil industry hoped for a big tax break and they got it. Now the industry is protecting their windfall with a flurry of ads boasting of increased interest in Alaska.
JUNEAU - State officials said Alaska's record pink salmon harvest in 2013 could create a market glut that will drive prices down for several years.
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