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Indybay Feature

Windfall Profit Oil Tax You Betcha: Why Alaskans Love Sarah Palin

by laura jones
While many other states are confronting big budget deficits because of the troubled economy, Alaska officials are in the enviable position of exploring new ways to spend the state’s multibillion-dollar budget surplus.
Windfall tax lets Alaska rake in billions from Big Oil

Over the opposition of oil companies, Republican Gov. Sarah Palin and Alaska’s Legislature last year approved a major increase in taxes on the oil industry — a step that has generated stunning new wealth for the state as oil prices soared…

Alaska collected an estimated $6 billion from the new tax during the fiscal year that ended June 30, according to the Alaska Oil and Gas Association…

While many other states are confronting big budget deficits because of the troubled economy, Alaska officials are in the enviable position of exploring new ways to spend the state’s multibillion-dollar budget surplus.

read more
http://seattletimes.nwsource.com/html/localnews/2008103325_alaskatax07.html

Palin’s energy relief: $1,200 each

“It’s a one-time, special return of the vast wealth that Alaska has right now. We’re returning it to the resource owners, the people of Alaska,” the governor said Friday. “I am confident the people of Alaska can spend the surplus dollars better than state government is going to spend them.”

read more
http://www.adn.com/legislature/story/442702.html

Support Palin’s energy relief plan

We are paying some of the highest prices in the country for gasoline, with no relief in sight. We are facing rising costs to heat our homes, keep the lights on and keep our families clothed and fed.

Without a comprehensive state-wide energy plan in place, we have been left to make decisions about our energy consumption on a household by household basis. Until there’s a long-term energy plan in place, we’re better off deciding for ourselves how best to use the money generated from our public resources.

read more
http://juneauempire.com/stories/070608/opi_300572230.shtml

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