0:18
Alexi Painter
36:59 - 37:17
“The tax rate grows theoretically with CPI each year, but it can't grow less than 1% or more than 2%. So very narrowly bounded within that after that first initial year. And the payments are made monthly like the oil and gas production tax, not annually like the existing property tax.”
- Speaker
- Alexi Painter
- Timestamp
- 36:59 – 37:17
- Community
- Alaska News
- Location
- Kenai Peninsula
- Captured at
From the transcript
The tax rate grows theoretically with CPI each year, but it can't grow less than 1% or more than 2%. So very narrowly bounded within that after that first initial year. And the payments are made monthly like the oil and gas production tax, not annually like the existing property tax.
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