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"An Informed Voter Is The Best Defense Against Bad Government"

 


 

Fiscal Fix

By John J. Kiernan, April 16, 2004

 


In a limited 225 word, unsigned, Opinion piece (Published ADN: April 16, 2004) headed 
"Push begins for POMV"  the ADN wrote:  "Alaskans are unlikely to enjoy a healthy 
political climate until they banish the idea that services come for free; they never do. And 
economic incentives will work against growth until some broad-based tax recaptures the 
public costs that come with it. But the Legislature is too lost in reaction and right-wing
ideology even to discuss a rational progressive income tax.”

All Alaskans know that public services do not come for free. It is just a question of who 
pays for them. Since the wealth of Alaska is in its resources. Those who profit from those 
resources are the companies who need to be taxed to pay for them.  A 50% additional 
"Windfall" tax on oil profits when oil is above $25 a barrel is not unreasonable, but our 
legislature and governor are incapable of leadership on behalf of all Alaskans.  Meanwhile
Rome/Anchorage burns.

The question now is whether to accept part of a solution with POMV, the answer: a definite 
NO.  NO new taxes on the people! Tax the oil companies.  Cease giving away our resource 
wealth and restore the longevity bonus.

 


 

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