So Gov. Palin raised taxes on a major American industry — the oil industry
Murkowski : 22.5 % tax rate
Palin: 25 % tax rate
that’s a tax increase ... right ?
And did not state govt. spending rise under Gov. Palin?
-George
“And did not state govt. spending rise under Gov. Palin?”
NO it didn’t!!!!
Spending actually declined under Gov. Palin.
The question isn’t whether spending rose (I really don’t know the answer to that), the question should be, did spending go beyond revenues?
If we accept that a state government SHOULD spend a certain about on certain things, then they have to increasing spending as the population increases. There is nothing inherently wrong with that. However, if they increase taxes just to spend money on new crap that’s not needed and not connected to the legitimate increase I suggested above, then that’s wrong.
Again, don’t know the answer to that. Just saying, “increased spending” alone does not give conservatives “permission” to damn a politician all by itself.
No. 5.5% real reduction in Yr. 1, 9.5% by the 3rd budget (her budget).
So what exactly is your job with the Romney campaign?
That is only the base rate at or below $30 per barrel. At $92.5/bbl it is 50%. From there it rises another 0.1% for every $1 increase.
http://www.commonwealthnorth.org/documents_cwnorth/Final%20OITS%20Report%203-15-11.pdf
Page 6,p> Keep in mind this is after the royalties are first paid. The companies also pay property taxes if the property is used for oil/gas. No other industry in Alaska has to pay state property taxes.
Then the Feds add their corporate taxes.
I forgot the Alaskan Corporate tax as well.