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To: Al B.

I doubt the Senate will pass a bill in time. Parnell stated he would call a special session to work out the differences in the House and Senate, if the Senate passed a bill.

I wonder what he will do if they fail to pass anything. I hope he doesn’t let it die until the next session.


5 posted on 04/14/2012 4:51:35 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
Based on the comments I saw in your post, it looks like the difference between Parnell/AK House and the Senate may be large enough to require some bit of time looking into the differences before a Special Session would actually be called.

Again not to be argumentative, but I can't resist one comment from your article posted here by Kay Cashman (who I pay a lot of attention to):

Referring to a slide benchmarking Alaska tax rates against other fiscal regimes, he said what PFC has said is at $100 per barrel ranges, government take under ACES is in the mid-70 percent, [emphasis mine] “and that is very, very high by OECD standards, second only to Norway and certainly in particular much higher than the levels of government take we see elsewhere in the Lower 48 which are the places in particular Alaska at the moment is competing with for investment capital.”

Too bad Mayer doesn't break that down. You and I both know ACES is only one component of that assuming the 70% is even true, which I doubt. Mayer certainly wanted to leave the impression that it was only because of ACES, which is disingenuous. Another example of why Alaskans aren't getting an honest discussion of the problems up there.

6 posted on 04/14/2012 5:20:02 AM PDT by Al B. ("Evil is powerless if the good are unafraid." -- Ronald Reagan)
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