
0:28
Bert Stedman
88:52 - 89:20
“I'm kind of curious when the corporate income tax kick in on the gas line. You know, I think it's somewhere around 20, 21 years out, which means it's time you deal with your depreciation and your interest costs and your carry-forwards. It's not making any money for decades.”
- Speaker
- Bert Stedman
- Timestamp
- 88:52 – 89:20
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
We look at the whole matrix. And the model, I'm sure, has all that. I'm kind of curious when the corporate income tax kick in on the gas line. You know, I think it's somewhere around 20, 21 years out, which means it's time you deal with your depreciation and your interest costs and your carry-forwards. It's not making any money for decades.
Related Coverage
Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote
Senator Stedman blocked a vote on a $750 million annual tax break for Alaska LNG's Phase 1 pipeline until the Department of Revenue shows whether the project actually needs the 2-mill property tax cut to work financially.
