You have permission to edit this article.
Edit
Letter to the Editor

Yes on Measure 1

  • Comments

To the editor: With over $17 million spent by oil companies to oppose Ballot Measure 1, there is much confusion and downright false information circulating regarding the Fair Share Act. As Alaskans, let us use facts and common sense to evaluate the argument over fair oil taxes.

Oil companies told us that passing SB 21 would be a panacea for growth. The Legislature bought that false bill of goods, and instead of the prosperity they promised, we have seen oil companies sell off their holdings. We have seen significant layoffs, oil production has continued to decline, permanent fund dividends have been cut, and budget cuts have forced the state into a recession. Alaska workers and families have borne the brunt of this disastrous policy experiment while oil companies remain incredibly profitable. In 2019, ConocoPhillips reported a $1.5 billion profit just from their North Slope holdings.

As a member of the University of Alaska faculty, I can attest to the real-time damage our broken oil tax system has caused. Our Legislature has given away $4.2 billion in tax credits, money that would have been better spent investing in Alaska’s future. The University of Alaska has lost over 1,000 jobs, forcing professors and staff alike to move away, and hurting our local economies. Academic programs are being cut reducing student opportunities and pathways to employment. University research vital to Alaska is being threatened because the wealthiest corporations in the world do not want to fairly share the wealth they generate in our state from our resources.

Please cut through the noise and vote yes for Alaska’s Fair Share.

Guidelines

The Daily News-Miner encourages residents to make themselves heard through the Opinion pages. Readers' letters and columns also appear online at newsminer.com. Contact the editor with questions at letters@newsminer.com or call 459-7574.

Community Perspective

Send Community Perspective submissions by mail (P.O. Box 70710, Fairbanks AK 99707) or via email (letters@newsminer.com). Submissions must be 500 to 750 words. Columns are welcome on a wide range of issues and should be well-written and well-researched with attribution of sources. Include a full name, email address, daytime telephone number and headshot photograph suitable for publication (email jpg or tiff files at 150 dpi.) You may also schedule a photo to be taken at the News-Miner office. The News-Miner reserves the right to edit submissions or to reject those of poor quality or taste without consulting the writer.

Letters to the editor

Send letters to the editor by mail (P.O. Box 70710, Fairbanks AK 99707), by fax (907-452-7917) or via email (letters@newsminer.com). Writers are limited to one letter every two weeks (14 days.) All letters must contain no more than 350 words and include a full name (no abbreviation), daytime and evening phone numbers and physical address. (If no phone, then provide a mailing address or email address.) The Daily News-Miner reserves the right to edit or reject letters without consulting the writer.

Submit your news & photos

Let us know what you're seeing and hearing around the community.