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Oil tax cut opponents to rally

Posted: March 29, 2013 - 4:22pm  |  Updated: March 31, 2013 - 12:06am

The advocacy organization Backbone is calling on opponents of Republican Gov. Sean Parnell’s oil tax reform proposal to join rallies in Juneau, Anchorage and Fairbanks.

The Friday announcement by Backbone said that “Stop the Giveaway” rallies will be held at noon Thursday, with the Juneau rally taking place on the steps of the Alaska State Capitol.

“The Legislature is on the brink of making a catastrophic mistake, giving away billions of dollars of oil tax revenues, and it’s up to the people to stop them,” said Malcolm Roberts and David Gottstein in Backbone’s statement. “Our elected officials need to know that Alaskans won’t stand for giving away the ‘maximum benefit’ of our resources to the Big 3 North Slope oil producers with no commitment for additional investment and exploration in return.”

Supporters of Senate Bill 21, this year’s bill to reduce oil production taxes, call the tax cut an “investment” needed to make Alaska’s tax structure more competitive with tax regimes in other oil-producing jurisdictions and revive declining oil production in the state.

Backbone bills itself on its website as a “non-partisan, grassroots, public interest group.” However, it supported the bipartisan coalition that controlled the Senate until it disintegrated following last November’s elections.

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