Submitted for your contemplation, here is an interesting tidbit from the Alaska Senate Democrats’ press release responding to the Governor’s proposed 2018 budget:
“We are slated to pay out over $1.3 billion in oil tax credits while receiving only $89 million in production taxes. In fact we are projected to pay out more money in oil tax credits than we get in oil production taxes not just this year, but every year through at least the year 2026, and that’s as far out as they project,” said Senator Bill Wielechowski (D-Anchorage) who sits on the Resources Committee.
Here’s the full text of that press release.
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