
Senator · Alaska State Senate · District Q
20 transcripts · 4 clips
“When you take our state corporate rate of 9.4%, which is what this amendment is proposing, add it in with our federal corporate rate of 21%— 21%. You end up with a corporate rate that is higher than the corporate rate being charged in Canada to a similar project. And that's with Canada already having a lower property tax than what we are proposing in the underlying bill. So what we're doing with this amendment is we're taking one of the few places that we're actually a little more competitive than Canada and we're getting rid of it.”
“We can't let a 2-year decision slow down a 50-year decision. That's really what this boils down to.”
“the developer was pretty clear in committee meetings the last few days that it's a 30-year loan based on 30-year contracts, so they're asking for a 30-year tax treatment.”
“nothing in life is guaranteed here. And I think everybody agrees that passing this bill does not guarantee us a gas line, but not passing this bill guarantees we don't get a gas line. This is the last thing that we as a state can do to help this process along.”