Alaska’s State Legislature faces a clear choice this session: we can bank oil revenue for the future, making investments in education and grow our economy; or we can give away $20 billion to multinational companies for oil they will continue to produce anyway.
The question is, why on earth does Gov. Sean Parnell want to give Big Oil a huge tax break when we are already facing budgetary challenges and Alaska’s school districts have not received a base student allocation increase in three years?