Alaska Republicans Kill Sarah Palin’s Only Legacy: Taxing Big Oil

Once upon a time, Sarah Palin actually had a job. She was elected governor of Alaska! And, for a few months at least, she often went to work and even made a brief effort to “help Alaskans” who weren’t named Palin. The primary legacy of Sarah Palin’s only actual full-time job was the increased taxes on corporate oil profits — especially “windfall profits” when oil prices skyrocketed. But Republicans in Alaska’s legislature have now killed the Palin tax hikes on Big Oil, so Alaska can now expect an $8 billion decline in revenue for its people. READ MORE »