I remember reading about Palin's oil tax policy/legislation back in 2008 in an overview of her record (to that point) as governor. I am a bit surprised that no one has mentioned it since then, but of course so many other things have come up to fill in the picture.
Duh Gov's "signature oil tax policy" was the ACES program. A "windfall profits tax" on oil production. This remarkably socialistic tax was simple. Based on the market price of a barrel of oil, companies in Alaska paid an additional tax that was then distributed directly to the citizens.
Because they companies could then deduct this expense before calculating profits for Federal income tax purposes, the taxpayers in the remaining 49 states subsidized this socialistic redistribution of wealth.
Oil companies in Alaska weren't wild about it and curtailed exploration and production in the frozen North as a result of ACES. So the state repealed it.
Caribou Barbie's self-described "signature achievement" was the AGIA gas pipeline that was never built. But Alaska paid TransCanada (the foreign corporation that wants to use eminent domain to seize private property to build the Keystone Pipeline) at least $300,000,000 to reimburse it for expenses.
Leonidas (wonderful Belgian chocolate) stores in NYC will ship. And Trader Joe's has really decent chocolate cheap.
Or a baby's arm holding a box of poo.
I suspect she's mostly thinking about the Palin family's PFD.
Swampay:
You betcha!
I remember reading about Palin's oil tax policy/legislation back in 2008 in an overview of her record (to that point) as governor. I am a bit surprised that no one has mentioned it since then, but of course so many other things have come up to fill in the picture.
Wha? Ms. "Drill, Baby, Drill" was against giving tax breaks to oil companies to...well, drill, baby, drill?
How do I get out of this booby hatchery?
After the shindig did Bristol show off her MMA fighting skills? What flavor wine coolers were served?
Republican Gov. Parnell should have gotten all likkered up and crashed the reception.
AOT,K
I'm betting Sarah clubbed that Lakeside Property Seal of Approval to death, or at least shot it from an airplane
Actually I always thought the GOP retired her out of AK because of the oil crap. Win-win, or lose-lose, as the case may be.
Duh Gov's "signature oil tax policy" was the ACES program. A "windfall profits tax" on oil production. This remarkably socialistic tax was simple. Based on the market price of a barrel of oil, companies in Alaska paid an additional tax that was then distributed directly to the citizens.
Because they companies could then deduct this expense before calculating profits for Federal income tax purposes, the taxpayers in the remaining 49 states subsidized this socialistic redistribution of wealth.
Oil companies in Alaska weren't wild about it and curtailed exploration and production in the frozen North as a result of ACES. So the state repealed it.
Caribou Barbie's self-described "signature achievement" was the AGIA gas pipeline that was never built. But Alaska paid TransCanada (the foreign corporation that wants to use eminent domain to seize private property to build the Keystone Pipeline) at least $300,000,000 to reimburse it for expenses.
There is only one possible explanation for this: $arah misunderstood something.
She appears to have moved onto beer.
The Maccabees?
Henry II: The day those stout hearts band together is the day that pigs get wings.
Eleanor: There'll be pork in the treetops come morning.