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Oil tax reductions might hit $2B annually

Gov. Sean Parnell said he still believes his oil tax cut proposal is good for the state, but there are new indications it may cost the state as much as $2 billion a year, more than first reported.

http://www.juneauempire.com/stories/022311/sta_789638371.shtml
News
Legislators return to Juneau

...gavels even sounded there were dueling press conferences as the partisans tried to boost their agendas.Advocates of oil tax reductions and defined-benefit pension plans were among those pushing their spin on the hot-button issues, and getting...

http://juneauempire.com/state/2012-01-18/legislators-return-juneau
State
The Governor's oil tax cut plan will damage Alaska's economy

...reform, rewarding work leading to new production to earn reasonable tax breaks. The Governor's $2 billion in oil tax reductions could, under the bill's language, be spent outside, in places like Iraq or Russia. From statements by the Governor's...

http://juneauempire.com/opinion/2013-01-14/governors-oil-tax-cut-plan-will-damag
Opinion
Parnell pushes tax cuts for lower pump prices

...get more supply, that helps reduce the cost," Parnell said. Parnell has said he wants billions of dollars in oil tax reductions, which he hopes will provide an incentive to the state's oil companies to produce dwindling supplies of oil at...

http://juneauempire.com/state/2012-03-02/parnell-pushes-tax-cuts-lower-pump-pric
State
Low taxes for more oil: Will it work this time?

...Seaton, R-Homer, who has questioned Parnell's oil tax reductions.Then, when natural gas prices rose in Anchorage...Commissioner Bryan Butcher, Parnell's point man on oil tax reductions, says a failure of the old ELF system to spur new...

http://juneauempire.com/state/2012-01-29/low-taxes-more-oil-will-it-work-time
State
Legislative talks continue, but so does stalemate

...raised fears among senators he would veto projects important to them to retaliate for their failure to approve his oil tax reductions. The House passed the oil tax cut bill and is siding with the governor in the dispute, and the two sides have been...

http://juneauempire.com/state/2011-05-03/legislative-talks-continue-so-does-stal
State
Senate passes capital budget

...Parnell will not be vindictive with his veto pen, retaliating against those legislators who balked at passing the huge oil tax reductions Parnell sought.Those assurances came in comments from Parnell to the press, Stevens said. The Senate's multi-week...

http://juneauempire.com/state/2011-05-11/senate-passes-capital-budget
State
House Finance Committee to hold hearing in Anchorage

...it. Many senators fear Parnell would use his veto power to strike projects favored by legislators who opposed his oil tax reductions.At a Capitol press conference, House Speaker Mike Chenault, R-Nikiski, said the media was siding with the...

http://juneauempire.com/state/2011-04-27/house-finance-committee-hold-hearing-an
State
Munoz praises capital budget, laments Coastal Management loss

...Munoz said.The Senate, fearing vetoes by Gov. Sean Parnell aimed at those senators who balked at his demand for oil tax reductions, tried to link $450 million in energy projects together to make them difficult to veto. That forced a special...

http://juneauempire.com/local/2011-05-17/munoz-praises-capital-budget-laments-co
Local
TAPS: a brighter future than critics say

...they make from it, he said.That hasn't kept Parnell from using the claims of a shutdown to win support for the oil tax reductions, including saying declining production threatens "the very existence of our pipeline." He did without providing...

http://juneauempire.com/state/2012-02-12/taps-brighter-future-critics-say
State

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