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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.
My Turn: Oil tax myths

...visibly in conversations regarding oil tax policy.And naturally enough. After...cured if only we just changed our oil tax policy (again) isn't beneficial...we would have under ACES, the old oil tax regime.This misconception is repeated...
My Turn: Blaming oil tax for deficit is wrong

...oil prices, low oil production and overspending - not oil tax reform.A group of Native leaders, unions, businessmen...long-term economic future. It also keeps Alaskans employed.Oil tax reform was a very long and difficult process, with thousands...
Empire Editorial: Budget models have uncalculated risks

...model, at best, will get folks near the ballpark but not in it. When considering the real-life consequences of nixing oil tax credits or instituting a state income tax, we're worried those in attendance might not be seeing the big-picture impact...
My Turn: Alaskans are ready for budget solutions

...believe in the age-old economic theory that when you tax something, you get less of it. The model allowed us to wipe out oil tax credits but did not account for the loss of investment dollars and oil production that would result. Similarly, adding...
My Turn: Legislature should mirror Big Oil's reaction to low prices

...lobbying for Senate Bill 21, the oil tax regime proposed by former Gov. expected to pay $700 million in oil tax credits this year, while only taking...Legislature refuses to revisit our oil tax structure even though we are experiencing...
Letter: Taking from dividends beyond corrupt

...jeopardize our Permanent Fund Dividend to do that. That's the new GOP plan. There's a law on the books capping state oil tax credit payments in low oil revenue years. They're supposed to be capped at $91 million next year. Instead, the GOP...
Pass a full years budget

...Remember, this is the same bunch that supported the oil tax giveaway. And now, as predicted, they want to raid our...this happen. But no. These folks believe in giving Big Oil tax credits, so we can give our oil away for free.Mind you...
My Turn: Worst session ever?

...state employees. Before we got to this point, House and Senate Democrats pushed to defer payment of over $600 million in oil tax credits to North Slope oil producers until they're legally due. The Republicans pushed back saying we need to honor...
My Turn: House Minority's priorities reflect its values

...indicated are on hold for further review. In addition, our coalition has proposed deferring some of the $700 million in oil tax credits that are expected to be paid out this next year. This deferral does not make the liability go away. Rather...


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