“Being of a basic capitalistic nature and thus investing the stock markets myself, I understand the desire on the part of the oil companies that operate within Alaska to minimize their levels of taxation. It makes sense that these companies would attempt to maximize the value of the shares their stockholders possess. I would expect nothing less. To do otherwise would constitute financial malfeasance on the part of the oil companies.
However, I also expect our State government to maximize the value of OUR resources held by the citizens of our State.
For too long the oil companies have gotten the better end of the deal, by far. Our State government has been sorely neglect in it’s fiduciary duty. The Fair Share Act strikes me as a reasonable attempt to bring some semblance of financial balance back to the resident-shareholders of the resources of the State of Alaska.”