For decades from territorial time and beyond millions of dollars were invested by outside companies in timber, commercial fisheries, coal, pulp mills and more that created job and built the new state’s infrastructure.
I cannot recall, in my 65 years in Alaska, there ever being a tax break for those folks, the pioneers of industry. So where is it cut in stone that multi-billion dollar oil corporations are entitled to billions of dollars of the states profits in order to be able to continue to explore and develop new fields for production? Over the last fifty years, as a result of corporate welfare, I have come to the conclusion that Alaska, along with the rest of the U.S.A. has become a fascist paradise second only to Argentina.