Oil tax initiative fails, pushing back on where to look for new sources of revenue in Alaska Legislature – Anchorage Daily News

Oil tax initiative fails, pushing back on where to look for new sources of revenue in Alaska Legislature – Anchorage Daily News

The citizen-led effort to raise petroleum taxes on Alaska’s three major oil producers failed at the polls, both sides said this week, cutting off a potential revenue stream that could have helped officials of Alaska. Alaska to balance the budget. With oil prices set to stay low, Vote 1 measure is unlikely to produce enough […]

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