Thursday, January 21, 2010

Governor targets oil taxes, federal 'war' on Alaska: Government | adn.com

Governor targets oil taxes, federal 'war' on Alaska: Government | adn.com
Gov. Sean Parnell used his first State of the State speech Wednesday night to criticize the federal government and defend his proposals for oil company tax breaks and a big new college scholarship program based on grades rather than need.

The Republican governor's speech comes as many legislators in his own party say he's not doing nearly enough to reduce how much the state taxes oil company profits. Parnell is getting heat on the other side, too. Democrats say he's trying to give tax concessions to the oil industry that aren't needed.

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