GOP to Enact Income Tax in Alaska After Causing Recession

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    Dec 28, 2015 7:43 PM GMT
    NYT: The governor, facing a profound fiscal crisis, has proposed the imposition of a personal income tax for the first time in 35 years. State lawmakers, who recently moved into a palatial new office building here, where they work when not toiling in the far-off Capitol in Juneau, are now seeking less costly digs.

    http://www.nytimes.com/2015/12/26/us/as-oil-money-melts-alaska-mulls-first-income-tax-in-35-years.html
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    Dec 28, 2015 8:16 PM GMT
    Needs a couple of replies to keep you from deleting the thread to destroy the evidence.

    Preserving the dishonest thread title:
    GOP to Enact Income Tax in Alaska After Causing Recession
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    Dec 28, 2015 8:16 PM GMT
    Exposing the thread.
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    Dec 28, 2015 8:16 PM GMT
    And again.
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    Dec 28, 2015 8:17 PM GMT
    If more post to the thread to prevent its deletion, I will delete these filler messages.
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    Dec 29, 2015 12:28 AM GMT
    theantijock%20engage%20stalker%20reducti

    Sarah-Palin-The-Wooly-Mammoth-74719.jpg

    http://www.nytimes.com/2015/12/26/us/as-oil-money-melts-alaska-mulls-first-income-tax-in-35-years.html
    ANCHORAGE — Oil money no longer pays the bills here...

    The governor, facing a profound fiscal crisis...

    With oil prices down along with oil production, the state is facing an Alaska-size shortfall: Two-thirds of the revenue needed to cover this year’s $5.2 billion state budget cannot be collected.

    25Alaska3-articleLarge.jpg
    Kevin Meyer, president of the Alaska Senate, spoke to members of the Resource Development Council about the budget. Mr. Meyer, a Republican who is also an employee of the oil giant ConocoPhillips, said he thought deeper cuts were still necessary...

    With so much pain to spread around, Mr. Walker, a former Republican, will clearly have a fight on his hands in the Republican-controlled Legislature. He was elected in 2014 on a “unity ticket” with a Democrat as his lieutenant governor, defeating the Republican incumbent, Sean Parnell — a perceived betrayal for which many Republicans have not forgiven Mr. Walker.

    But he also has some powerful allies.

    “We’ve had it awfully good for a long time, and if we want to protect that, we’re going to have to make some hard choices,” said Ronald Duncan***, the president and chief executive of GCI, a telecommunications company that is one of the state’s largest non-oil businesses.

    Mr. Duncan is organizing a group to push for hard choices with a statewide publicity campaign that will start next month. The campaign, aimed at residents as well as the Legislature, is still being shaped, Mr. Duncan said. But his enthusiasm for the governor’s message in recent weeks — that residents will have to be less reliant on oil companies and pick up more of the burden themselves, as they did in the past — was clear. Mr. Duncan said he thinks a broader economic recession is inevitable next year if Alaska’s budget is not stabilized.

    Republican leaders said the governor’s plans would be given fair consideration. The speaker of the House, Mike Chenault, has conceded that some new revenue stream is probably unavoidable....

    The president of the State Senate, Kevin Meyer, a Republican who is also an employee of the oil giant ConocoPhillips, said that he thought deeper budget cuts were still necessary and that residents would accept new taxes only when they were convinced that the old pattern of state spending — wasteful and inefficient, in his view — had been wrung out of the system.

    With little power, Democrats have supported the idea of raising some new taxes, but argue that the governor’s plan would disproportionally hit working-class Alaskans.



    Sarah-Palin-s-Elephant-Halloween-Mask-48

    *** http://www.campaignmoney.com/political/contributions/ronald-duncan.asp?cycle=16
    Ronald Duncan Political Contributions in 2016
    WALDEN VICTORY FUND - Republican
    ALASKANS FOR DON YOUNG INC. - Republican
    etc
    etc
    etc


  • Svnw688

    Posts: 3350

    Dec 29, 2015 2:09 AM GMT
    I thought oil solved every problem

    (sarcasm)