Alaska Natural Gas Pipeline Message Board

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Gold/Mining/Energy : Alaska Natural Gas Pipeline

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To: Kenneth Kirk who wrote (309)	5/29/2007 4:30:15 AM
From: Snowshoe	of 570

Tim Bradner compares Palin's AGIA to Murkowski's efforts over the past 4 years. Murkowski asked for a 45-year tax freeze on gas production, and a 30-year tax freeze on oil production. Palin asks for a mere 10-year tax-freeze on gas production only. I think both are unconstitutional, but Palin's 10-year promise would probably be honored by the legislature. OTOH, Murkowski's proposal was so unpopular that it wrecked the deal. (Question: If they really want a tax freeze, why don't they put it to a statewide vote and amend the state constitution? Back in the early 1960s Minnesota did exactly that with the Taconite Amendment, which provided a 25-year tax break for developing low-grade iron ore. I still remember all the campaign signs: "VOTE YES, TACONITE AMENDMENT!". I never saw any signs that said "Vote No", but I hear that Hubert Humphrey and his ilk were against it.) Will AGIA get Alaska its gas line? Is Palin's gas deal any better than Murkowski's? Analysis by Tim Bradner Alaska Journal of Commerce alaskajournal.com

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