I read with interest the letter to the editor by Mr. Paul Zimmerman of Kasilof.
Mr. Zimmerman advocates against use of Permanent Fund earnings and against a statewide sales tax to support state services. He suggests instead that an income tax, higher corporate taxes and higher royalty taxes be instituted. He states, "Corporations and individuals reap substantial profits and untaxed wages by extracting our resources ... without paying fair royalties or costs involved in providing them their opportunity."
Our fish are one of our natural resources. Most years commercial fishing, such as is done quite widely in the Kasilof area, has not returned sufficient revenue to regulate the industry. If Mr. Zimmerman believes that all who benefit from state government should help fund it, would he support increasing royalties and severance taxes on those who extract our fish resources?
Sen. Con Bunde