Governor Palin to call for special session on oil profits tax

Tomorrow Governor Palin will announce her plans for calling a special legislative session this fall on action needed to deal with the Petroleum Profits Tax (PPT) that became law last year. Palin has indicated the state tax on oil and gas profits might need revision — or even repeal. She also has said that following the federal indictments of three legislators over their votes on the issue last year, there’s a cloud of suspicion over the legislative decision.

Dave Donaldson, APRN – Juneau