Dunleavy pledged in 2021 to back taxes, but only if the Legislature led the way

The oil industry has already cued its publicity people to recite text from the Fear and Loathing Anti-Tax Playbook handed down by oil company employees since the discovery of Prudhoe Bay: Any tax increase, no matter how small, will kill investment and ruin the industry, the Fear and Loathing playbook says.

These bills will not kill investment, though there will be much wailing and gnashing of teeth, along with the fear and loathing.

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Dermot Cole Comments
Dunleavy says Bible promotes mining and drilling federal lands to the max

‘The Bible’s parable of the talents offers a valuable lesson for government, as it does for spiritual life. The good and faithful servant is the one who takes his employer’s money and increases it, while the unfaithful one simply buries it in the ground. When it comes to America’s abundant natural wealth, we face a similar choice,” Gov. Mike Dunleavy said in a press release printed by the Wall Street Journal.

The state sermon does not say anything about saving for the next generation or the generation after that. Or that the good and faithful servant could be a foreign mining company hoping to make a killing from public resources.

The reverend governor also didn’t mention the long-term value of leaving wealth in the ground that belongs not just to those alive now, but to all future Americans.

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Dermot Cole Comments