Ed King on Alaska taxes oil companies pay
Economist presents his views on the ‘Fair Share Act’ and what it would mean for the future of oil and gas investment in the state Ed King Reprinted with permission
Many Alaskans have probably heard something about the oil tax initiative called the “Fair Share Act.” You may have been asked to sign a petition while shopping, or you may have read something about it in one of the media outlets. You are likely to see it on the ballot when you vote this November.
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What does the initiative do? Who would the initiative impact? What would happen if the initiative passes? How much do oil companies pay in taxes?
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