Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: wideawake; newroark

newroark will only be happy when Ayn Rand rises from the dead and is chosen as the veep pick by Harry Brown.


150 posted on 08/29/2008 10:57:00 AM PDT by Chunga (Vote Republican)
[ Post Reply | Private Reply | To 148 | View Replies ]


To: Chunga

And the Alaska Journal of Commerce talks about the $1200 rebate — so, yes, Virginia, there is a Santa Claus, or Santa Clausette as the case may be:

http://www.alaskajournal.com/stories/081708/oil_20080817028.shtml

So, have I done enough heavy lifting on the ‘do your research for you’ front that anyone would care to address the policy implications of Governor Palin’s positions on these matters?


155 posted on 08/29/2008 11:05:44 AM PDT by newroark
[ Post Reply | Private Reply | To 150 | View Replies ]

To: Chunga; newroark; jwalsh07
newroark will only be happy when Ayn Rand rises from the dead and is chosen as the veep pick by Harry Brown.

Heh heh.

But seriously, let's review.

Newroark claimed that Palin doubled taxes on oil operators in Alaska.

That's completely false.

He linked to an article on hotair which quotes the complaints of a PR flak for BP.

BP is the company whose shoddy work caused a corroded pipeline that created at 200,000+ gallon oil spill in Alaska.

Translation: they're really bad tenants.

Governor Palin backed legislation to increase BP's corporate tax from 22.5% to 25% - I'm not sure what math translates that to a "doubling" of tax.

That's still quite low by almost any jurisdiction's standards, and after this tax bill was passed, Alaska was still named 4th best state in the nation by The Tax Foundation - an anti-tax watchdog organization.

Alaska, as most people know, pays its inhabitants a dividend each year from their profits as part owners of the state's oil fields.

In 2008, Governor Palin increased this by $1200 to reflect the increased pipeline revenue the state was earning.

Basically, Sarah Palin raised the rent 10% on the extremely lucrative property BP and ConocoPhilips are leasing from the state of Alaska.

She's a smart asset manager and is getting a better yield from the portfolio of state assets that it's her job to run.

160 posted on 08/29/2008 11:14:19 AM PDT by wideawake (Why is it that those who like to be called Constitutionalists know the least about the Constitution?)
[ Post Reply | Private Reply | To 150 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson