French: ACES tax structure not brokenAnchorage senator says tax appropriate for harvest regime, with gross revenue exclusion to encourage investment, progressivity cap Steve Quinn For Petroleum News
Sen. Hollis French says the current oil tax system known as ACES isn’t broken, but he’s willing to make some changes. He and three other Senate Democrats drafted Senate Bill 50 as a counter offer to Gov. Sean Parnell’s SB 21. But it’s SB 21 that’s gone out of two committees and a committee substitut....
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