Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KLP who wrote (259110)	7/25/2008 1:33:33 AM
From: Snowshoe	Read Replies (2) of 793801

Sarah Palin governs Alaska with a coalition of Democrats and minority Republicans... Special session ends with 25% oil tax VICTORY FOR PALIN: State's take is expected to increase more than $1 billion from previous deal. By SEAN COCKERHAM Last Modified: November 27, 2007 at 03:18 AM JUNEAU -- The state Legislature approved a tax increase of more than a billion dollars on oil companies Friday as the 30-day special session ended. It was a major victory for Gov. Sarah Palin, who wanted the tax increase and called the Legislature into special session to make it happen. She heaped praise on legislators for hard work, saying the bill strikes a good balance. *** DEMOCRATS STEP FORWARD Palin's high public-approval ratings clearly helped get the tax through the Legislature. Many lawmakers are reluctant to pick a fight with such a popular governor. The oil tax bill was in trouble earlier this week with time running out and opposition from Republican leaders in the Senate majority. Palin said then that she would call the Legislature into another special session if an acceptable oil tax bill didn't pass. Palin said Friday it was not a threat, but a "reminder." House speaker Harris said he believes it did help the tax bill regain momentum. But maybe more significant was the emergence of Senate Democrats as an important force in the Legislature. For years the Democrats languished without power in the minority, but they are now part of a bipartisan majority coalition. The Democrats flexed those muscles effectively during the oil tax debate. The tax bill picked up speed in midweek as they aligned with Senate minority Republicans who wanted higher oil taxes. dwb.adn.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next