Bert Stedman
40:20 - 41:13
"one of the things, Mr. Chairman, we might want to think about is this issue of the rapid depreciation of the infrastructure and the incentive that brings to the table. And as I recall, Ronald Reagan did that to the real estate markets back when he was president and lit the real estate market, turned it around, lit it on fire"
“one of the things, Mr. Chairman, we might want to think about is this issue of the rapid depreciation of the infrastructure and the incentive that brings to the table. And as I recall, Ronald Reagan did that to the real estate markets back when he was president and lit the real estate market, turned it around, lit it on fire”
- Speaker
- Bert Stedman
- Timestamp
- 40:20 – 41:13
- Source
- SFIN-20260527-1330
- Community
- Alaska News
- Location
- Alaska
- Captured at
- May 27, 2026
From the transcript
But one of the things, Mr. Chairman, we might want to think about is this issue of the rapid depreciation of the infrastructure and the incentive that brings to the table. And as I recall, Ronald Reagan did that to the real estate markets back when he was president and lit the real estate market, turned it around, lit it on fire. That went on for about a decade. So I think it would be helpful if Mr. Fulford could help us with what kind of accelerated cost recovery schedule changed the Canadians offered up to help move the project forward. And we could maybe take that as, or the issue as a note when we, if we put something together for a congressional delegation to assist in moving this project forward.
Related Coverage
Alaska LNG faces tax competition from Canadian projects with federal support
Senate Finance heard Wednesday that British Columbia's LNG Canada project received federal tax deferrals and accelerated depreciation before final investment decision, creating a competitive fiscal framework Alaska must consider as it weighs property tax alternatives for Alaska LNG.
by Walter AlaskaNews3mo ago2 min readAI