Increasing taxes hurts everyone. I don’t see how taxing companies more helps anyone but the politician and the people to whom she doles out the money. That is hardly free market thinking.
Well for starters you are thinking of it wrong as you thinking of it as a tax increase.
It was not, not necessarily. It was tax reform. It taxed revenue instead of income as income can, and often is fudged. It also provided a production tax credit. Yes, a tax cut.
In addition to this she refunded the people of Alaska more of their own money AND vetoed a heck of a lot of pork.
She inherited a state where the government spending was out of control and had many politicians going to jail for taking bribes from oil companies. She cleaned up a hell of a mess and left it in the capable hands of her Lt. Governor.
Not to mention AGIA, which is the largest privately funded construction project ever. The natural gas pipeline to the lower 48. Exxon had balked but they are now on board with it too.
“Increasing taxes hurts everyone. I don’t see how taxing companies more helps anyone but the politician and the people to whom she doles out the money. That is hardly free market thinking.”
Correct!