Former Gov. Sarah Palin is using her new online news channel to promote the repeal of Alaska’s current oil tax system.
In a rambling 18 minute video posted on the site, Palin says Alaskans should vote yes on Ballot Measure 1 at this month’s primary election. The measure would roll back the SB 21 tax regime passed by the legislature in 2013, and return to the system Palin championed while in office − Alaska’s Clear and Equitable Share, or ACES.
SB 21 did away with the progressive tax feature of ACES, where the tax rate increased with rising oil prices. In the video, Palin makes several references to “crony capitalism” and ethics as reasons to vote for SB 21’s repeal.
“SB 21 landed us a one-way giveaway to big oil without any guarantees or concessions to protect the people’s longterm interests,” Palin says.
Supporters of the current tax system say it has increased oil exploration and development, as well as jobs.
Palin launched her online channel this week. The primary election is August 19.
- Most of the claims are that his for-profit conservative website “Restoring Liberty” is illegally contributing to his Senate campaign by promoting his run.
- Some people are already lining up to cast their votes.
- An appeals court today upheld a federal decision to list a species of ice seals as threatened under the Endangered Species Act.
- The premiums on benchmark plans are increasing by an average of 22 percent in 2017, the government says, but more than 70 percent of people can get one for less than $75 a month after subsidies.