$500-700 Million Loss to Alaskans: Fair Oil Tax Reforms Passed by the House Could Erase Major Portion of $2.5 Billion State Deficit

Juneau – A recent report from the Department of Revenue shows the state is losing more than a half billion dollars in annual revenue by not enacting the modest 25% tax on oil company profits passed by the House last year. Today, Representative Les Gara (D-Anchorage) released the following statement regarding the role oil taxes […]