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Walker: Unsustainable for tax breaks to exceed oil tax revenue

JUNEAU - The state is expected to pay about $100 million more in tax credits to oil and gas producers than it receives in production taxes this year amid low oil prices, Gov. Bill Walker said.

http://juneauempire.com/state/2015-01-09/walker-unsustainable-tax-breaks-exceed-
State | AK legislature
Gov: Unsustainable for tax breaks to exceed oil tax revenue

JUNEAU - Gov. Bill Walker says the state is expected to pay about $100 million more in tax credits to oil producers than it receives in production taxes this year amid low oil prices.In an opinion piece, published in Alaska newspapers, Walker says while he supports the philosophy behind tax incentives, giving away more in tax breaks than the state collects in revenue is irresponsible, and unsustainable.

http://juneauempire.com/state/2015-01-08/gov-unsustainable-tax-breaks-exceed-oil
State
Alaska Editorial: A dwindling appetite for megaprojects

...the state (mining provides tens of millions of dollars to state coffers, compared to several billion dollars in oil tax revenue) and use of the road would be restricted to commercial traffic and otherwise closed to the public.Each of the major...

http://juneauempire.com/opinion/2014-12-10/alaska-editorial-dwindling-appetite-m
Opinion
My Turn: Real leaders aren't scared to talk taxes

...do. Their individual state and local taxes are 25 percent higher than ours, too. Of course, it's Alaska's oil tax revenue that's allowed us to enjoy the state's generous spending policies without paying our fair share. We've managed...

http://juneauempire.com/opinion/2014-12-05/my-turn-real-leaders-arent-scared-tal
Opinion
My Turn: If Ballot Measure 1 is about jobs, families and our future - vote 'Yes'

...earnings. The Parnell administration predicted that oil tax revenue in Fiscal Year 2015 would be $3.4 billion.Now the state predicts that with SB 21, oil tax revenue in 2015 will collapse to $1.7 billion. At this...

http://juneauempire.com/opinion/2014-08-17/if-ballot-measure-1-about-jobs-famili
Opinion
Outside Editorial: University Fund

...It's the type of legislation that will help to reduce expenses during this time of reduced spending and lower oil-tax revenue. Undoubtedly, more of this type of legislation is in Alaska's future.

http://juneauempire.com/opinion/2013-04-23/outside-editorial-university-fund
Opinion
A recipe for disaster in University Building fund

...SB74 is the "type of legislation that will help to reduce expenses during this time of reduced spending and lower oil-tax revenue," and I found myself wondering if this was satire or a real suggestion to leave the tab for our kids.

http://juneauempire.com/blog-post/melissa-griffiths/2013-04-23/recipe-disaster-u
Empire editorial: Failure to plan created blueprint for special session to fail

...lawmakers since the passage of ACES. The question: How should our state government balance the state's need for oil tax revenue to fund present and future needs with the oil industry's need for a profitable business climate? The state must...

http://juneauempire.com/opinion/2012-04-29/empire-editorial-failure-plan-created
Opinion
My Turn: Tax reform must focus on increasing Alaska's economy

...development in Alaska, we see that the current system creates a dilemma for the State. Since the State receives oil tax revenue from production, but awards tax credits based on a company's spending, we incur significant costs to the treasury...

http://juneauempire.com/opinion/2013-01-13/my-turn-tax-reform-must-focus-increas
Opinion
Alaska editorial: In support of the governor's revenue plan

...could renovate and expand. Not only will construction of the gas line create jobs, but the influx of new gas and oil tax revenue would build infrastructure to sustain and attract new businesses to communities. Alaska would be able to provide...

http://www.juneauempire.com/stories/052506/opi_20060525001.shtml
Opinion

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