AKs 4 Sustainable BudgetsIndustry to Alaska: Your #OilTaxes are out of whack.
#AKleg: Here, let us fix that.
Analysis of state revenues: Our #OilTaxes are out of whack.
#AKleg: 🙈🙉🙊
Stéphane Tremblay 🇨🇦🇺🇦🍉🐧🩵🤍🩷@sirop_federable un gros 10c le litre d'épargné. wow 🙄
Dans 1-2 semaines le prix de l'essence va avoir augmenté d'autant et c'est la compagnie d'essence qui va empocher la différence.
Ce que ça prend c'est une taxe sur les gains exceptionnels durant la période de conflit pour ensuite la redistribuer aux gens en aide financière.
#straitofHormuz #iranwar #oil #oilprices #petrole #prix_du_petrole #hormux #canada #mark_carney #markcarney #taxes #taxTheRich #windfallTax #oiltaxes #taxes_sur_le_petrole
Dans 1-2 semaines le prix de l'essence va avoir augmenté d'autant et c'est la compagnie d'essence qui va empocher la différence.
Ce que ça prend c'est une taxe sur les gains exceptionnels durant la période de conflit pour ensuite la redistribuer aux gens en aide financière.
#straitofHormuz #iranwar #oil #oilprices #petrole #prix_du_petrole #hormux #canada #mark_carney #markcarney #taxes #taxTheRich #windfallTax #oiltaxes #taxes_sur_le_petrole
As we head toward the end, our view of the Dunleavy Years. The good? Likely restrained spending better than replacement. The bad? Wayyy too late on proposing substitute revs, never addressed #OilTaxes & relatively useless APFC app'ts. #akleg
This Wk's Top 3| The way both sides talk about #OilTaxes is a big part of the problem, Persily understands the effect but is AWOL on the cause & the "there's no there, there" campaign for #AKgov. #akleg T'row, 6:05a on The Michael Dukes Show at https://www.facebook.com/share/1CyDUWSDQy/
Some support #Begich4Gov b/c he proposes raising #OilTaxes & closing the S-Corp loophole. Both are good, but he also would con't DEEP PFDcuts ("most regressive tax ever proposed"), raising more from middle- & lower-income #AKfams than from #OilCos. #akleg https://www.juneauindependent.com/post/tom-begich-lone-democratic-candidate-for-governor-says-state-is-missing-opportunities-during-tough
This Wk's Top 3| Ex A for why some #akleg don't seem to understand how Alaska's #oiltaxes work, will Shelley Hughes use her ready-made fiscal platform & almost a perfect op-ed on K-12. T'row 6:05a on The Michael Dukes Show at https://www.facebook.com/share/1LuGX5sCTS/
Even if the PFC had just started investing in an S&P 500 ETF at the end of FY20, by FY26, it would already be generating $700mil more in POMV than it is. That's more than expected from an increase in #OilTaxes. #akleg #akrevenues #LeavingMoneyOnTheTable
Let's be clear. These Reps are making a choice to reduce the income of middle & lower-income #AKfams even further (thru PFDcuts) rather than reform #OilTaxes to match the original intent of SB21: more production = more state revenue. #OilCos over #AKfams. #akleg #disappointing https://buff.ly/G2aYdIF
Why isn't the House Maj also looking at #OilTaxes? One reason: it's the deal they cut to bring Reps Kott & Stutes on board. They sold out #Working (middle & lower-income) #AKfams (by limiting revenues to PFDcuts) to have the votes to pass K-12 & defined benefits. #akleg
Oil: SB21 is working!! Don't touch #OilTaxes. #akleg
Reality: "Despite the significant increase in production levels, projected revenues from SB 21 production taxes go 𝙙𝙤𝙬𝙣 dramatically over [the next 10 years], plunging by 30%, from $940 million at the start to only $658 million by the end. Driven by that, overall unrestricted petroleum revenues also fall over the period, dropping from $2.43 billion at the beginning to $2.27 at the end."
https://alaskabeacon.com/2024/11/05/the-defense-of-alaska-oil-tax-law-is-seriously-misleading/
