Parnell: Investment goal of tax change
Governor defends changes in ACES, calls $10 billion loss ‘fantasy scenario’ based on no increased investment, no legislative action
Making Alaska more competitive for oil and gas investment is the goal of tax changes the administration is pushing in the Legislature. If enacted, the charges are expected to reduce revenues to the state in the initial years, a focal point of concern for legislators opposing the governor’s bill.
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Average at $60 oil prices
Parachute going down
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