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Panich52

(5,829 posts) Thu Jul 2, 2015, 12:06 PM Jul 2015

AK's Gov Walker's tax credit veto: Goal is to start an oil tax discussion

Alaska Dispatch

Walker's tax credit veto: Goal is to start an oil tax discussion

Alaska’s oil tax credits are threatening to overwhelm the state budget and are expected to grow to as much as $1.7 billion a year, costing the state more than it spends for schools and becoming its single largest expense, Gov. Bill Walker warned Wednesday.

Politics | Pat Forgey
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http://www.adn.com/article/20150701/walkers-tax-credit-veto-goal-start-oil-tax-discussion

Oil-based economy and corporate welfare may get serious debate. Maybe ther's hope the 'drill, baby, drill' crowd can be quieted down. Just a bit, anyway.

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AK's Gov Walker's tax credit veto: Goal is to start an oil tax discussion (Original Post) Panich52 Jul 2015 OP

We are overdue for discussion on the business/jobs/tax model Agnosticsherbet Jul 2015 #1

Agnosticsherbet

(11,619 posts)

1. We are overdue for discussion on the business/jobs/tax model

Reply to Panich52 (Original post)

Thu Jul 2, 2015, 12:13 PM

Jul 2015

followed in most states.

To me, if an industry costs more than the economic benefit derived from the jobs it creates and th business it brings in, they should be shown the door.

Oil companies were not going to leave the oil in Alaska in the ground. They should have been required to pay their way along with everyone else.

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