0:51
Robert Myers
71:19 - 72:10
"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."
“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.”
- Speaker
- Robert Myers
- Timestamp
- 71:19 – 72:10
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 19, 2026
From the transcript
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 might actually get some C-Corp investors anyway.
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