4-13-11 Monday, The State Senate President Argued For An Unsustainable Economy, Subsidized By Predatory Taxes…. Tuesday, Senators Agreed On An Unsustainable $3 billion in Capital Spending. Now, Legislators Want A New Building For Themselves
Three Comments: Alaska's Unsustainable Economy Is Based On Predatory Taxes And Wasteful Spending by Dave Harbour (See TransCanada's Newest Edition of "Update Magazine") Comment 1 of 3: Here's a concept: a gasline can only materialize when the markets call for construction and when investors believe they will make a reasonable return on and of their investments. Since the three major Alaska North Slope producers are the major potential gas pipeline investors, they must believe that their Alaskan assets are safe from unpredictable expropriation by Alaska through imposition of future, predatory tax policies. [...]
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