Sean Parnell in 2013 Governor's State of the State speeches


On Energy & Oil: Reform tax proposals to foster new oil production

As we debate tax reforms, we will judge any proposal based on four questions:If you pass legislation that answers these four questions, you won't have to ask for my answer, because you will get my signature.
Source: 2013 State of the State address to 28th Alaska Legislature Jan 16, 2013

On Principles & Values: Americans are moving North to the Future

Americans aren't just looking North to the Future, they are moving North to the Future--and for good reason. While other states run unsustainable deficits, Alaska has billions in budget reserves. While America saw its credit rating shamefully downgraded, we have seen ours upgraded to AAA.

The question before us tonight is not: What is the state of Alaska? The question is: How can we keep the state of Alaska strong? Make no mistake: Our present prosperity does not guarantee our future security. The choices we make during this short session will have long-lasting consequences. So let us choose wisely and well.

Source: 2013 State of the State address to 28th Alaska Legislature Jan 16, 2013

On Tax Reform: Eliminate progressivity & create a simpler 25% tax

Our laws give tax credits based on how much money companies spend in oil fields, not based on how much of that spending leads to production. While Alaskans haven't always seen eye to eye on these issues, we can all see the obvious: Unless we restore balance to our tax system, our oil fields will become obsolete. We must make reforms--and we must make them now. Waiting only makes this problem worse.

By eliminating progressivity, and rebalancing capital tax credit payments, we can create a simpler 25 percent tax. Gone will be the old arguments about what qualifies for the capital expenditure credits. Gone will be the need to calculate progressivity each month.

What will remain will be a more balanced, more competitive, and more predictable tax system, one with greater protections for Alaskans at lower oil prices, in exchange for lower taxes at higher oil prices.

Source: 2013 State of the State address to 28th Alaska Legislature Jan 16, 2013

The above quotations are from 2013 Governor's State of the State speeches.
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Page last updated: Dec 05, 2018