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Give SB 21 a chance to work

Posted: August 12, 2014 - 8:49am

I have lived in Alaska for many decades and raised my family here. Today, I am watching my grandkids prepare to go away to college and my hope is that when their education journey comes to an end, that Alaska can entice them back with good paying jobs. With this upcoming oil tax vote, my fear is there will be no jobs if SB21 is repealed. The new oil tax law is working and I would like to see it continue to work for Alaskans now, as well as into the future — so my grandkids know they can always come home. I am voting No on 1 on August 19th and would encourage Alaskans to do the same. If the new tax law doesn’t bring Alaska more production, we can go back and change it, but right now, let’s give it a chance to work.

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jford 08/12/14 - 11:12 am
SB 21 is working alright, it's working for the oil corporations.

What it's not doing is anything to serve the interests of resident Alaskans.

Production is down, revenue is down and we're losing money at the rate of 7 million dollars a day.

Give it a chance to 'work'? If the new 'tax' doesn't bring more production we can go back and change it?

First, it's not a new tax, it's a tax break.

Second, it's not going to increase production, the state and the oil corporations already said they can't do anything to stem the production decline, forecasts from the state and from the corporations show continued decline.

Third, there isn't any 'going back' to change it. Once we lose the revenue, there is not any process whereby we can 'go back' and regain what's been lost.

Vote yes to repeal this giveaway, vote yes to repeal SB 21.

Raoulduke 08/12/14 - 07:01 pm
SB21 A bad Law

Repeal this money pit.Alaskan's are receiving nothing beneficial.There is only one entity receiving any benefit's.It happens to be the oil industry.Giving away $20billion with not a guarantee of anything in return.It is just bad policy for Alaska,and the Alaskan.

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