Tag: tax credits
Did SB21 Cause Our Budget Problems?
I recently saw a social media post that said something to the effect of “the reason the State is broke is because of the oil tax giveaway back in 2013.” At the same time, I see pro-industry ads talking about how the same tax reform has led to an increase […]
Bonding for Tax Credit Purchases may be a Good Deal for Alaska
The Alaska State Legislature is currently considering a bill that would allow the Department of Revenue (DOR) to borrow money to make oil tax credit purchases. The bill is called HB 331 in the House and SB 176 in the Senate. Both bills sit in their respective finance committees, but are […]