I guess this is as good as time as any to announce that I’ve changed my own position on Proposition 1. I was going to vote “No” because I support reduced taxes as a rule.
Sometimes a second look at things makes us question our presuppositions.
I’ve explained before that Alaska is an owner-state. The people of Alaska own their resources in common and the State of Alaska administers them for maximum benefit to the citizens of Alaska. At least, that’s what our constitution says. Think of Alaska as a corporation, the Legislature as the Board of Directors, the Governor as the CEO and the people as the shareholders.
If this were North Dakota, the oil companies would be negotiating with the landowners over a payment scheme. If this were Kuwait, the…
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