While Canadian Liberals Introduce Carbon Tax … American Liberals Seek Higher Corporate Income and Alaska Oil Taxes
WE HAVE CONCLUDED THAT THE WEALTH USERS NOW COMPOSE A MAJORITY VOTER BASE THAT DOMINATES WEALTH PRODUCERS (See yesterday’s commentary)
On the first day of the fall legislature sitting, the NDP government released what is billed as an economic analysis of the impact of a carbon tax. The document is a disservice to Albertans given the risk the levy, which will start being imposed Jan. 1, presents to the economy.
The analysis released Monday is just 409 words and fails to satisfactorily outline the price Albertans can expect to pay for the introduction of an economy-wide tax on carbon. It states Alberta’s gross domestic product will grow about 0.05 per cent slower in each of the next six years than it otherwise would, but then concedes the government doesn’t have a firm grasp of the potential consequences of its policy.
“The assessment of impacts is preliminary,” says the one-page report, adding that “measuring the economic impact of carbon pricing is complicated.”
The absence of firm numbers doesn’t prevent the government from crowing about the fact a made-in-Alberta tax avoids one being dictated to us by Ottawa. That’s true, but the NDP’s starts a year earlier than the Trudeau Liberals’ tax and climbs more quickly in the early years — this during a time of economic uncertainty. Read more….
From Must Read Alaska:
HARRIET DRUMMOND’S SLEAZATHON: Incumbent Democrat Harriet Drummond goes after Mike Gordon in a new radio ad and mailer that all but calls him a drug pusher and child rapist. It gets the award for the sleaziest ad of the week, and that’s saying something. Former police officers are standing by to defend Gordon. This reminds us of when Drummond stood outside the Dena’ina Center upset that SB 21 (i.e. Oil tax reform law) was being signed into law. Her protest sign read: “Corrupt Bastards Club Third Floor,” which is the level of discourse her fellow lawmakers have come to expect from her. If she doesn’t get her way, she just goes for the gutter.
This May 18, 2006, Juneau Empire Article by Andrew Petty, features Harry Crawford who is running in the current election for a seat in the Alaska House of Representatives. -dh
initiative on November’s ballot would tax the natural gas on leases owned by major oil companies operating in the North Slope until they build a pipeline to deliver the resource to markets in Canada and the Midwest.
If the initiative passes, the state stands to earn up to $1 billion a year.
The sponsors – Rep. Eric Croft, D-Anchorage, Rep. Harry Crawford, D-Anchorage, and Rep. David Guttenberg, D-Fairbanks – maintain that without the tax, producers will delay the project and a pipeline will never materialize.
Gov. Walker nixes natural gas tax after pledge from Big Oil | Juneau … (Note: we would add that this statement should read, “…nixes for the time being….” Higher oil taxes are certainly a concern of Alaska largest investor group: oil and gas explorers and producers. -dh)
juneauempire.com › State
Oct 23, 2015 – Bill Walker announced an abrupt change to the agenda. A tax … to commit natural gas to the state’s pipeline project ─ is no longer on the table. … “Taking gas reserves tax off the call is going to be a real game changer,” said …