[Eska]

I noticed the article in paper yesterday. From what I took of it all, this isn't what the oil industry wanted at all. The bill would give a tax reduction of 1/3 on new field development where the future is down the road; am I correct on this? They got Dem support though, and I really don't believe many ALaskans would support much more. They have been watching the tax reduction games for 25 years and have seen so many of our Republican Politicians sent off to the big house in oil industry corruption cases. People are sick of it to the point they don't want to give anything to the oil industry anymore.

Snow is finally starting to melt out our way, luv our summers.

[thackney]

I don’t have a clear understanding of what passed the Senate. But since it doesn’t match the House Bill, it really doesn’t have much meaning yet.

I got some emails from folks I would expect to know yesterday talking about it and they had conflicting information as well.

Part of the ability to have corruption in the system is the convoluted way these taxes are done. It should be straight forward, simple percentage of the gross; that reduces the games that can be played. I see convoluted and differing rates and credits as something that should be eliminated.