Right there is the problem. The Gov't should be run like a business. That is why we are in the mess we are today. As far as Palin being able to straighten out the Gov't using her expertise, I don't see it. She did do good things in AK, but did end up doing politically expedient things as well that raises red flags in my mind.
I'm not a big fan of raising taxes.
>> “The Gov’t should be run like a business.” <<
.
That is an immature quip.
Government can’t be run like a business. A business has to seek a profit, and if it fails, it is replaced by one that does better. Government cannot fail, because government is us. The methods that make for effective government are vastly different than what makes for profitable business.
Palin’s bill didn’t have anything to do with oil profits; ACES was addressed before profits.
What pundits should be talking about when it comes to Palin
Palin tossed out the corruption-ridden, structurally-flawed Petroleum Profits Tax of the Murkowski administration and put forth ACES (Alaskas Clear and Equitable Share), which incentivized development while seeing to it that Alaskans resource owners as per the Alaska Constitution would receive A CLEAR and EQUITABLE SHARE (ACES) of the value of their commonly-owned oil and gas. The result? Alaska was left with a $12 billion surplus. Also, as reported at Big Government, The number of oil companies filing with the Alaska Department of Revenue has doubled, indicating that competition has indeed increased. Alaska has the second most business friendly tax set-up up two spots since the passage of ACES. Additionally, a report from Governor Parnells Department of Revenue indicated that 2009 yielded a record high in oil jobs.