A non-partisan project focused on helping develop and advocate for responsible state and federal fiscal policies.
Alaskans for Sustainable Budgets
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This Wk's Top 3| Dunleavy's inconsistent fiscal policy, why we support the Subchapter S amendment, and why Walker's PFD proposal isn't even remotely "courageous." #akleg T'row, 6:05a on the Michael Dukes Show at buff.ly/ZvpX4MO
The 8:35a Chart| Given the importance of Permanent Fund returns to #AKrev levels, we have developed a second morning chart comparing the S&P 500 5-, 3- & 1-yr returns to the PFC's. #akleg
* 5-yr: S&P 14.11% v PFC 6.71%
* 3-yr: S&P 21.00% v PFC 9.56%
* 1-yr: S&P 26.93% v PFC 14.40%
The 8:30a Chart| To provide context to current $$oil, we publish daily (ex-Su) a running avg of FY26-32 $$ANS, Brent & WTI actual+futures. Projected ANS v. SPRING26 rev F'cast:
> FY26 ⬆️ $5 (+$228mil UGF)
> FY27 ⬆️ $10 (+$441mil)
> FY28-34 ⬆️ $8 (avg annual +$281mil)
#akleg
The argument made being made by some that Alaska is changing the tax rules for #AKLNG "in the middle of the game" is silly.
The "game" (investment cycle) hasn't started. And we do remember that this kicked off with GLENFARNE asking for a pre-investment change, right? #akleg
Tax fairness doesn't mean zero taxes. Gov't isn't a free good. It means designing the system to spread the burden broadly so that everyone has an appropriate share of "skin" in the process. Alaska's system may be "worst-in-nation." An S-corp fix is part of improving it. #akleg
The Monday Chart | Consistent with the approach explained at bit.ly/3QhAUju, each Monday we use current futures market prices to compare the projected #AKLNG in-state-only (Phase 1) and #AKLNG export (Phase 2) prices against market alternatives. #akleg
This Wk's Top 3 P'cast | The reason the Bullet Line (now AKLNG Phase 1) has never been built, why we think building AKLNG Phase 1 before tying down Phase 2 puts Alaska at risk & why a federal budget issue deserves attention. #akleg buff.ly/JS86d0f
This Week's Column| This week, we do the numbers to show how Alaska families are put at risk by proceeding on Phase 1 of the AKLNG project before the extent and terms of the Phase 2 commitments are certain. #akleg
This Week's Column| This week, we do the numbers to show how Alaska families are put at risk by proceeding on Phase 1 of the AKLNG project before the extent and terms of the Phase 2 commitments are certain. #akleg
But ... but wait. Haven't the House R's said we should look to Texas and Louisiana for how to tax LNG projects? Umm, ok. BOTH states tax oil & gas S Corp income (Texas Business Franchise Tax, Louisiana personal income tax on pass-through income). #akleg
Alaskans for Sustainable Budgets
Alaskans for Sustainable Budgets
Alaskans for Sustainable Budgets
Alaskans for Sustainable Budgets
Alaskans for Sustainable Budgets
This week, we calculate some numbers to show how Alaska families are put at risk by proceeding on Phase 1 of the AKLNG project before the extent and terms of the Phase 2 commitments are certain
The reason the Bullet Line (now AKLNG Phase 1) has never been built, why we think building AKLNG Phase 1 before tying down Phase 2 puts Alaska at risk & why a federal budget issue deserves attention
This week, we calculate some numbers to show how Alaska families are put at risk by proceeding on Phase 1 of the AKLNG project before the extent and terms of the Phase 2 commitments are certain