
Rebecca Logan
77:45 - 78:19
"The message they frequently hear from investors that they are trying to bring to Alaska is, "Wait and see." We are definitely going to wait and see what your legislature does. The taxing our way to prosperity conversation is being heard outside of Alaska and it is discouraging investment."
“The message they frequently hear from investors that they are trying to bring to Alaska is, "Wait and see." We are definitely going to wait and see what your legislature does. The taxing our way to prosperity conversation is being heard outside of Alaska and it is discouraging investment.”
Unfortunately, the message coming from Juneau that is the loudest is one of uncertainty towards private investment. I would encourage legislators to talk to people who are currently working in business development. The message they frequently hear from investors that they are trying to bring to Alaska is, "Wait and see." We are definitely going to wait and see what your legislature does. The taxing our way to prosperity conversation is being heard outside of Alaska and it is discouraging investment. And without offering credible opportunities to grow our economy, we should not be surprised when businesses and people choose to invest elsewhere.
Hilcorp senior vice president Luke Sargey told the Alaska Gas Line Caucus on Thursday that the company opposes a targeted income tax on Hilcorp, not the gas line, while Glenfarne and business groups urged lawmakers to pass the property tax bill without added taxes.

Enstar president John Sims told the Alaska Gas Line Caucus on Thursday the utility could be 3 billion cubic feet short this winter, equal to 18 midwinter days serving no customers. MEA's Tony Izzo said his gas is contracted for only 2 years and 7 months.
