text: I read your link, and thank you for providing it, but it only addresses the production tax and not the income from other taxes or our royalty share. The price of oil will go up and down over the life of these fields and some years will result in a positive production tax return, and other years not. Right now, not.
   The royalty share is fixed and can only be increased by increased production. Our royalty share is anywhere from 5 to 60%, depending on the lease terms. Most often it is 12.5%. That is money that the state has made no investment to obtain; other than the production tax credits. The credits are like partnering with the oil companies for an overall positive return. With royalties and income/severance taxes, Alaska is enjoying a net positive return in income under SB21.