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Keep the money

Posted: February 11, 2011 - 10:50am

After hearing that Gov. Sean Parnell is proposing to cut oil company taxes by $1 billion per year we needed to respond. We don’t have the figures in front of us for the amounts of last year’s profits for all the companies but we know it is in the billions of dollars. Why does Alaska need to give a tax break to these companies that are already doing so well? When we pay more than $3 per gallon for gas and heating oil we are creating these profits. One billion dollars a year could create quite a few jobs in Alaska without relying on the oil companies to create them. Let’s keep the taxes and quit worrying that the oil companies will leave Alaska if we don’t cave in to their demands. None of these companies are going to walk away from the money they make here even if it means slightly less profit and we are talking about profits, not day-to-day expenses. One has to wonder if one of the jobs to be created by the oil companies with their increased profits has our governor’s name on it.

Dean and Christina Blust

Juneau

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