Current weather

  • Scattered clouds
  • 54°
    Scattered clouds

‘Owners’ should pay what gas is worth

Posted: Wednesday, November 01, 2006

I have to pay property taxes on my home and land based not on what I paid for it many years ago, but on what the borough determines it is worth if it were sold to someone else today. And if I don’t pay these taxes, the borough would take my property away from me.

Now, I don’t necessarily like the way this works, but that’s the way it is. So why shouldn’t the “owners” of the gas reserves on the North Slope be treated the same way and be taxed on today’s value of that gas?

Their choice would then be simple. If they don’t like paying this tax, they could either go ahead and develop those reserves, or they could relinquish their hold on the gas and the state could allow someone else to develop it.

Vote “Yes” on 2.

Keith Laurie

Kasilof



Related Searches

 GAS RESERVES   KEITH LAURIE   LAURIE KASILOF 

CONTACT US

  • 150 Trading Bay Rd, Kenai, AK 99611
  • Switchboard: 907-283-7551
  • Circulation and Delivery: 907-283-3584
  • Newsroom Fax: 907-283-3299
  • Business Fax: 907-283-3299
  • Accounts Receivable: 907-335-1257
  • View the Staff Directory
  • or Send feedback

ADVERTISING

SUBSCRIBER SERVICES

SOCIAL NETWORKING

MORRIS ALASKA NEWS