Posted 2 years ago on Aug. 20, 2014, 3:41 a.m. EST by eklutna
This content is user submitted and not an official statement
For the past couple of months that I have been in Alaska, there has been a lively debate going on, and there have been oodles of signs alongside the roads that help spark that debate here.."Vote - NO" or "Vote - YES". The voting took place today and Alaskans are anxiously awaiting the results. About an hour ago the Yes vote was leading by 50.3%, but it's still early.
A No vote means that you do NOT want the reduction in taxes given to oil companies turned over. A Yes vote means that you want that law that was recently passed, repealed and have them pay the same amount of taxes as before.
The oil companies and their cohorts have spent millions to keep this law in place that would save them millions every year. The opposition has been a spirited grass-roots campaign of which I am happy to say that a friend in Fairbanks has played a big role in. But they have been out-spent from approximately $15 million to several hundred thousand dollars. Just from my observation the Vote - No signs have far out-numbered the Vote - Yes signs.
A little tidbit - Governor Parnell who helped usher this nefarious law in was a lobbyist for Patton Boggs, one of the most powerful law/lobbying firms in Washington with offices in several locations (including Anchorage) throughout the country. That stinks to me.