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Palin, I like her.

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August 29, 2008 – Comments (13)

 On the surface, I like her. She is a strong move leftward for the Republican party, which can only be good for the USA. She is a career employee of gov't having been a teacher, PTA member, school board member, and then having moved into the Mayor and Governor's mansions. Her husband is a solid union guy, and their family has benefited from the better pay, benefits, those types of jobs get you. Especially with a Downes Syndrome child one hopes she recognizes the value of those benefits and would like all Americans to have them.

 Hopefully this nomination is an indication that Republican leadership have gotten the message that they are being held accountable by their own party for the traitorous corruption and hypocrisy of the Delay's, Gingrich's. Stevens, Rove's, Gonzalez's, Cheney,s, Wolfowitcz's etc. they have put into office. 

Nominating a "maveric" and selecting someone as far removed from Republican mainstream as possible sends an excellent message and I hope you guys are on your way to getting your party back in order, as opposed to just being a smokescreen before you go back to business as usual. I am not at all convinced you all are trustworthy.

I still disagree about her support of the death penalty. I agree with the Christians who quote "Thou shalt not kill" as a commandment. But not because it is God's law. Because if you kill an innocent man you cannot ressurect him. Life in jail is enough penalty for any crime and if you find out later you were wrong, you have not done as much wrong yourself.

I am not sure where she stands on gun control even knowing she is an NRA member. I agree with Obama last night that there should be some sensible balance of supporting the second amendment but not leaving urban Police to battle gangs armed with AK47's.

I know I have been taken to task on this website for arguing in favor of Gov't regulation and suggesting that the current tax system is unfair. I have also gotten some support. Governor Palin seems to agree with me, having promoted these tax increases, and "onerous" when Democrats promote them, regulations on oil companys in Alaska.

 

Journal Text for SB2001 in the 25th LegislatureBasis
Navigation Bills Statistics Actions by Date Awaiting Action Governor's Vetoes Passed Legislation Bills in Committee Sponsor Summary Requestor Summary Subject Summary Committees Member Information Minutes and Audio Hearing Schedules Conference Committees Session House and Senate Calendars Journal Text Display Tools Statute Information Retrieval System (SIRS) Bill Tracking Management Facility (BTMF) Executive Orders Current Executive Orders Archive Gavel to Gavel Archive The 24th Legislature (2005-2006) The 23rd Legislature (2003-2004) The 22nd Legislature (2001-2002) The 21st Legislature (1999-2000) The 20th Legislature (1997-1998) The 19th Legislature (1995-1996) The 18th Legislature (1993-1994)

Full Journal


10-18-2007 Senate Journal 1421 SB 2001 SENATE BILL NO. 2001 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: "An Act relating to the production tax on oil and gas and to conservation surcharges on oil; relating to the issuance of advisory bulletins and the disclosure of certain information relating to the production tax and the sharing between agencies of certain information relating to the production tax and to oil and gas or gas only leases; amending the State Personnel Act to place in the exempt service certain state oil and gas auditors and their immediate supervisors; establishing an oil and gas tax credit fund and authorizing payment from that fund; providing for retroactive application of certain statutory and regulatory provisions relating to the production tax on oil and gas and conservation surcharges on oil; making conforming amendments; and providing for an effective date." was read the first time and referred to the Resources, Judiciary and Finance Committees. The following fiscal information was published today: Fiscal Note No. 1, Department of Revenue Fiscal Note No. 2, Department of Natural Resources Fiscal Note No. 3, zero, Department of Administration Governor's transmittal letter dated October 17: Dear President Green: Under the authority of art. III, sec. 18 of the Alaska Constitution, I am transmitting a bill to make Alaska's oil and gas production tax system one that is clear and equitable. This legislation would provide the 10-18-2007 Senate Journal 1422 necessary tools to protect the state's interests as it moves forward with the industry on a mutually beneficial basis in the exploration and development of Alaska's oil and gas resources. The bill would amend the current production tax on oil and gas under AS 43.55 and would amend other statutes to aid in the administration and enforcement of the production tax. It accomplishes six primary goals: (1) requires more complete reporting of tax-related information by producers, explorers, and operators; (2) establishes rules for the sharing of confidential information between state agencies; (3) ensures the public disclosure of important production tax information; (4) provides various tools to help the Department of Revenue (department) administer the tax; (5) institutes clear fiscal terms for explorers and producers; and (6) establishes an oil and gas tax credit fund to ensure our incentive programs function effectively. To accomplish the first goal, the bill specifies extensive annual reporting requirements for producers and explorers and makes clear that the department also has authority to require monthly reporting of tax information. The information would provide the department's production tax auditors the tools necessary to conduct thorough and accurate production tax audits and would help the department better monitor costs that may be claimed as deductions or used to obtain tax credits. In addition, the bill would authorize the department to require reporting of forward-looking information, such as producers' budgets for future expenditures. The department needs this kind of information for accurate revenue forecasting. The bill would provide for penalties of up to $1,000 per day for failure to file certain required reports, in addition to other remedies under current law. The second goal is accomplished by clearly providing for the Department of Revenue and the Department of Natural Resources to share extensive producer and explorer information, while maintaining the confidentiality afforded under current law. This information sharing would improve administration of both agencies' programs and increase efficiency, since the two agencies often have similar data needs under their respective tax and royalty programs. 10-18-2007 Senate Journal 1423 To fulfill the third goal, the bill would make clear that the department may publish production tax information aggregated among at least three taxpayers. This would include information on taxes paid, values of oil and gas produced, capital expenditures and other costs, tax credits, and more. Publishing such information would give the public confidence that Alaska is receiving its equitable share of our natural resource value. As one means of achieving the fourth goal, the bill would provide for placing petroleum revenue auditors into the exempt service. This would help the state retain and attract the necessary expertise by giving the departments flexibility in setting salaries that compete with similar positions in the private sector. Petroleum revenue auditors currently employed with the state would have the option to remain with their union or to be moved into the exempt service. Another tool is an extension of the statute of limitations for oil and gas production taxes. The bill would increase the time allowable for the department to conduct audits and assess tax deficiencies from three to six years. This change would give the department's oil and gas production tax auditors more time to conduct accurate and thorough audits and to make sure that producers are paying the correct amount of tax under the law. The fifth goal requires a means to clearly establish how we value oil produced in Alaska and then how we will share that value with those who find, drill, and develop these nonrenewable resources. The bill requires the department to spell out in regulation which costs may be deducted against the tax. It would also expand the list of cost categories that are not allowed to be deducted. One disallowed category consists of costs for repair, replacement, or deferred maintenance of facilities or equipment, including pipelines, associated with an unscheduled interruption of or reduction in the rate of oil or gas production or with an oil spill or other unpermitted release of a hazardous substance. The bill contains a limited exception, for example, for natural catastrophes beyond the producer's control. Another disallowed category consists of costs to build or operate a refinery or crude oil topping plant. In addition, the current partial disallowance for dismantlement, removal, or abandonment costs is expanded to be a complete exclusion. 10-18-2007 Senate Journal 1424 When it comes to sharing the value of the resource, the bill puts the state's share at 25 percent of the value after appropriate costs have been deducted. As prices, and profitability, rise, so does the state's share of the value. Once the net value of a barrel reaches $30.00 on an annual basis, the state's share increases by 0.2 percent for every dollar increase above that trigger. The bill would ensure a certain amount of state production tax revenues by setting a floor on the tax paid by certain highly productive fields. This floor is 10 percent of the gross value of the oil and gas produced from those fields. The sixth, and final, goal of the bill is to ensure the effectiveness of our credit incentive programs. The bill would establish an oil and gas tax credit fund that is financed with a percentage of oil and gas production tax receipts. The bill would give the department the ability to expend these funds in order to purchase credits from explorers and small producers. The intent of the incentive credit program is to attract new companies and new investment to our state in the pursuit of oil and gas resources. While we have succeeded in attracting new entrants, these companies have run into problems finding purchasers for the credits accumulated from their investments. If they cannot monetize these valuable credits, the purpose of the program is defeated. With these changes, our state will have the necessary tools to protect Alaska's interests when it comes to appropriately valuing oil and gas production in this state. Alaska's share of the costs of investment would fall to 45 percent, while increasing our share of the net revenues to 48 percent. We would be able to tell the public, with confidence, that we are getting a fair share of the value derived from these non- renewable resources. I urge your prompt and favorable action on this legislation. Sincerely, /s/ Sarah Palin Governor

I'll be looking forward to some details fromMcCain on his policy to balance the budget, promote energy security, and restore habeus corpus rights, and privacy rights, etc

It is too bad she was nominated to run against McCain for the Presidency

13 Comments – Post Your Own

#1) On August 29, 2008 at 5:00 PM, devoish (96.39) wrote:

I hate when I copy and garble. Anyway it basically is a proposal by Gov. Palin to increase reporting on oil companys in Alaska in order to raise taxes on their business and know they are getting the increase. I guess she doesn't understand how increasing taxes lowers revenues to the state. But then neither do I, and I've heard the arguments, I just never bought them.

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#2) On August 29, 2008 at 5:05 PM, abitare (45.58) wrote:

GILF

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#3) On August 29, 2008 at 5:14 PM, eldemonio (97.96) wrote:

Ares - That's totally inappropriate.  Who's going to be the next V-PILF?

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#4) On August 29, 2008 at 5:40 PM, TDRH (99.46) wrote:

Can we vote for none of the above?

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#5) On August 29, 2008 at 5:45 PM, Zanibel17 (97.19) wrote:

I like Palin, too.  I had no intention of voting for McCain.  I might now...then cross my fingers and hope he decides to retire.

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#6) On August 29, 2008 at 6:11 PM, devoish (96.39) wrote:

Unfortunately I like her a little less now. She was interviewed on CNBC and she accused the treehuggers of using misleading pictures of the coastal plain area that should not show mountains saying that did not represent the area proposed to be drilled. But sec 1002 (the area proposed to be drilled) is only 30 miles at widest between the coast and the mountains. Now I've never been to Alaska, but I've driven to Denver and you can see those mountains hours before you ever get there. And that was at 70mph. So mountains do represent the area accurately.

I'm also getting a little tired of CNBC not asking how much carbon will be released into the atmosphere by all that drilling and the effect it will have on Glacier National Park, especially now that she  also wants to be responsible for Montana.

You all know that Glacier used to have well over 100 Glaciers and now has only 25 left, right?

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#7) On August 29, 2008 at 6:52 PM, FleaBagger (28.07) wrote:

devoish -

Global warming is not the effect of anything done by humans. In fact, there has been no yoy global warming for almost ten years now, and if there were, the warming effect of our greenhouse gas emissions would still be an insignificant part of it, considering the overwhelming majority of CO2 comes from nature, and the overwhelming majority of the greenhouse effect comes from water vapor, not CO2.

As for ANWR, it is a tundra inhabited only by mosquitos, and caribou actually increased in numbers in places where they have already drilled and run pipelines in Alaska.

As for taxes, I think oil companies and everyone else should pay the same low rate, and not have to fund wasteful social programs that damage communities and erode our freedoms.

But whatever.

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#8) On August 29, 2008 at 8:33 PM, Option1307 (30.13) wrote:

FleaBag, wait wait wait....just hold on a sec....Why are you making such excellant rational logical sense...? You must be getting paid by those "evil" oil companies hu?

 

Nice thoughts, couldn't agree more!

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#9) On August 29, 2008 at 8:55 PM, devoish (96.39) wrote:

Fleabagger,

Humans are indeed causing global warming. For a micro climate of human effect on the weather watch the weather at NYC and the surrounding bouroughs. NYC is 2-3 degrees warmer all winter long. Thats a very small example for those of you foolish enought to believe Humans cannot affect the environment. Its what we do and how we live.

Trying to minimize the wildlife at ANWR is not trying to understand, it is trying to insult and mislead, and is no way to reach an intelligent conclusion. 

"The Arctic National Wildlife Refuge is home to some of the most diverse and spectacular wildlife in the arctic. The Refuge's rich pageant of wildlife includes 36 fish species, 36 land mammals, nine marine mammals, and more than 160 migratory and resident bird species".

None of that includes the various fungi, mushrooms, insects, amoeba's, urchins, jellys, etc that have not yet been recorded and classified any one and possibly only one of which contains the gene to cure your prostrate problems.

The caribou did not increase in "number in places where they already drilled and ran pipelines". They increased in numbers despite the drilling and pipelines due to the efforts of treehuggers and the creation of ANWR. (Arctic National Wildlife Preserve)

But whatever.

 

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#10) On August 29, 2008 at 11:00 PM, LordZ wrote:

Tree huggers but whatever thingy...

Yeah that what ever thing...

Global warming whatever thing...

Oh sure why don't we all stop farting in order to limit global warming also why don't we kill all the animals and unnecessary people in the world also to minimize global warming.

Why don't we put bombs and killer spikes in trees so when those evil tree cutting down lumberjacks come around maybe they get a limb amputated or worse.

As trees are more important than humans.

Also lets stop heating our homes and lets simply marry extremely big people and simply hug one another to stay warm.

The more I read DEV's blogs the more silly its seems.

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#11) On August 30, 2008 at 4:17 PM, dinodelaurentis (78.97) wrote:

the New and Improved Harriet Meirs!!! oh, wait, Ms. Meirs has a law degree...

sorry, couldn't resist a tossed softball. i won't engage in any more name calling about Ms. Palin, she will help Mccain win or lose, period. i'm sure am going to watch the debates though. the election race has gone up several notches in entertainment value and it's not just because ms p. has that whole "hot librarian" thing going.

full disclosure: i've spent a lot of time in librarys and have many fond memories.

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#12) On August 31, 2008 at 12:14 AM, DemonDoug (32.21) wrote:

Palin is just slightly to the right of Jefferson Davis.

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#13) On September 11, 2008 at 6:52 PM, russiangambit (29.41) wrote:

Palin is leftward? Life-time member of NRA evenagelical? Oh,men, who is left on the right then?

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