Alaska Oil Loopholes... wide open baby !!!

[Chizzang]

I love how they claim its a "Surprise.!!" in the article...

"A loophole in Alaska's oil tax law allows companies losing money in certain circumstances to cover more than 100 percent of their losses with a state cash rebate..."

And the kicker:
"and the amounts are kept secret under state law.."

And: Hilariously
"One oil executive said that cancelling the inflated credit that grows out of the "gross value reduction" would reduce the worth of the Caelus business by 13%"

Read as:
And we're a publicly held company and I get bonuses off the money we steal from Alaska tax payers

http://www.adn.com/article/20160308/uni ... ntent=link

[YoUDeeMan]

Throw them ALL out.

How does this shlt get passed? Because the Repub and Dem elite are bought and paid for.

Throw them ALL out.