I have watched this year’s oil tax debate with dismay. Some of Alaska’s senators appear to be working harder to score political points than to craft wise public policy. For more than a decade, two critical issues have threatened the future of Alaska’s economy – declining oil production and unrestrained... Continue reading

While other states must grapple with economic forces outside of their control, Alaska’s policymakers have the ability – and the responsibility – to take a long term view of Alaska’s revenues and expenses. We need to create better alignment between the State of Alaska and the oil industry. Continue reading

In Part 6 of Marc Langland’s speech to the NFIB, Marc calls for change in our state policies and urges business leaders to learn about the issues and get involved. Continue reading

In Part 5 of Marc Langland’s speech to the NFIB, Marc compares ACES progressivity to the federal personal income tax brackets, and shows that ACES makes Alaska one of the least attractive places in the world for the oil industry to invest. Continue reading

In Part 4 of Marc Langland’s speech to the NFIB, Marc outlines a number of serious concerns with ACES, Alaska’s new petroleum tax scheme, which Marc believes is designed to harvest as much money as possible for state government in the short term without regard for the long term harm... Continue reading

In Part 3 of Marc Langland’s speech to the NFIB, Marc notes that Alaska’s state budget increased 96% from FY 2005 to FY 2012, the ever-higher oil prices required to balance that budget, and the critical need for a fiscal plan for Alaska. Continue reading

In Part 2 of Marc Langland’s speech to the NFIB, Marc talks about Alaska’s flawed government policies; first, the State’s reliance on petroleum revenue to fund 90% of the State’s general fund budget. Continue reading

Northrim Bank Chairman and CEO Marc Langland spoke to the Alaska Chapter of the National Federation of Independent Business (NFIB) on January 11, 2011. In Part 1 of this video series, Marc talks about the importance of the petroleum industry to Alaska’s economy and the critical need to increase oil... Continue reading

Alaska can’t afford the leadership vacuum that keeps these failing policies in place. We need to elect leaders who understand Alaska’s “Economics 101” and are willing to work with industry on a tax and regulation strategy that maximizes oil production. Continue reading

Alaska’s policy decisions are in the hands of our elected officials – and those decisions will have a significant impact on our economy and jobs for years to come. The governor and the legislature have a responsibility to create an investment climate that allows the private sector, and the citizens of Alaska, to prosper. Continue reading