During the Murkowski administration, the Veco company -a representative for the oil companies- bribed a bunch of state legislators to put in place a favorable tax system (VECO also is the company that got Ted Stevens in trouble). All these indictments in AK are due to this scandal. A couple legislators were sent to federal prison. After that scandal the state had to restructure the its tax system.
Taxing oil in AK is A LOT different than Washington imposing a windfall tax for no reason. Alaskans own the natural resource per the state constitution.
“Taxing oil in AK is A LOT different than Washington imposing a windfall tax for no reason. Alaskans own the natural resource per the state constitution.”
Excellent point. Palin is an innately great leader. I’m sure BHO and the left are tearing their hair out trying to get dirt on her that just doesn’t exist. What a concept :-)))
The state constitution has encoded legalized theft. If you support this part of the state constitution, you should also support the rat plans to steal oil company profits. The rats claim public ownership of mineral rights entitling them to royalties.