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Vote No on the Oil Tax Ballot MeasureDate – Presenter Name, Presenter Title
ALASKANS DEFENDING ALASKA
KEEP JOINS ONEALASKA FOR A UNITED FRONT
THE TIMING COULDN’T BE WORSE
ALASKA RUNS ON OIL
Source: The McDowell Group and Dept. of Revenue, Fall 2019
INTERNATIONAL POLITICS HIT HOME HARD
• Flooded oil market
• Caused prices to plummet
• Threw Alaskans out of work
• Combined with Covid19, ALASKA’S FUTURE IS UNCERTAIN
• Further jeopardizes North Slope fields that
account for 84% of oil production at a time we can’t afford a colossal mistake
• Most current and new projects are now paused
• Creates uncertainty in all job sectors across the state
BALLOT MEASURE IS BAD FOR ALASKA
At $60, ALASKA HAS AMONG THE HIGHEST PERCENTAGE OF GOVERNMENT TAKE
AT $35, ALASKA RANKS NEAR TOP OF GOVERNMENT TAKE
Source: Independent oil economist Roger Marks.
Govt take includes all state and federal taxes and royalties.
HOW MUCH DOES THE STATE TAKE AT THESE LOW PRICES?
Producers lose when oil is less than $43/barrel
THE OIL TAX
BALLOT
MEASURE
RAISES
ALASKA’S
PRODUCTION
TAX BY
150% to 300%
Source: Independent oil economist Roger Marks
Annual Income: $74,247 $74,247
Annual Taxes: $9,089 $36,356
Income After Taxes: $65,157 $37,891
Could you
survive a
300%tax increase?
Source: Living Wage Calculation for Alaska, Massachusetts Institute of Technology, 2018 at $60/barrel oil
HOW WOULD AN EXTREME TAX INCREASE IMPACT YOUR LIFESTYLE?
THERE’S NOTHING ‘FAIR’ ABOUT THE BALLOT MEASURE
• Is it FAIR that you will lose your job?
• Is it FAIR that your house value will drop?
• Is it FAIR that your children will have little tono opportunity to stay and work in Alaska?
• Is it FAIR that no one will be left to pay for government services and support our charities?
• More taxes• A depression• No jobs
• More oil• A strong economy• Jobs
ALASKANS NEED TO PICK A PATH
HOW YOU CAN HELP DEFEND ALASKA
• Join KEEP at KEEPAlaskaCompetitive.com or text ‘KEEP’ to 55444
• Join OneAlaska at OneAlaska.com or Text 64600
• Spread the word by scheduling a presentation like this with your employees, friends, service groups
• Like us on Facebook and Instagram and share our information on social media
• VOTE NO on the oil tax Ballot Measure
WRONG TIME. WRONG APPROACH.
LET’S STAND TOGETHER TO DEFEND ALASKA.
Paid for by KEEP Alaska Competitive, PO Box 220884, Anchorage, AK 99522
Text KEEP to 55444
JOIN OneAKForce AND DEFEND ALASKA
• Schedule a virtual presentation
• Get your own wrist band
• Text KEEP to 55444