Showing posts with label alaska budget. Show all posts
Showing posts with label alaska budget. Show all posts

Saturday, March 31, 2018

#AKhouse PFD Voting



To Speaker Edgmon Part 2 of 3


3/31/2018

To: Representative Bryce Edgmon, Speaker of the House, District 37
Re. Questions About Your Presser Comments On 3/28/2018

PART 2/3…

You also alluded to previous votes on the PFD allocation in the Operating Budget... votes that You concurred with as a member of the previous house majority.  This leads to our next comment on your statement about the need for a ‘balanced approach’.  Mr. Speaker, a balanced approach must also include cutting revenue demand and not voting unconstitutionally to spend money that Alaska does not have.  We provided millions upon millions of dollars in cuts to the previous and present majority coalitions only to be ignored, demeaned and deleted.  Yes, Representative Edgmon, you are 100% correct in saying that you “don’t know what the voters want.” 
Did you know that over 5000 people have signed a petition asking that SJR1/HJR34 be put to the public for consideration, numerous polls conducted by legislators and citizen groups have been forwarded to the legislature and untold numbers of testimonies submitted that have encouraged budget cuts… all obviously to no avail.  One thing that’s become beyond obvious is that the Alaska State Legislature is operating in an unconstitutional manner by incurring debt upon our future income for perpetual wasteful expenditures.

            Constitutional Reminders:

Article IX - § 8. State Debt

No state debt shall be contracted unless authorized by law for capital improvements or unless authorized by law for housing loans for veterans, and ratified by a majority of the qualified voters of the State who vote on the question. The State may, as provided by law and without ratification, contract debt for the purpose of repelling invasion, suppressing insurrection, defending the State in war, meeting natural disasters, or redeeming indebtedness outstanding at the time this constitution becomes effective. 

§ 12. Budget

The governor shall submit to the legislature, at a time fixed by law, a budget for the next fiscal year setting forth all proposed expenditures and anticipated income of all departments, offices, and agencies of the State. The governor, at the same time, shall submit a general appropriation bill to authorize the proposed expenditures, and a bill or bills covering recommendations in the budget for new or additional revenues.

§ 13. Expenditures

No money shall be withdrawn from the treasury except in accordance with appropriations made by law. No obligation for the payment of money shall be incurred except as authorized by law. Unobligated appropriations outstanding at the end of the period of time specified by law shall be void.
How many of the deficit budgets over the last decade have you voted for?
How many credits to outside and foreign companies did you vote for that Alaska is now indebted to?

Thanks,
Jon Corbett, Dillingham Alaska

CLICK THE PIC TO READ THE #HANDSOFFOURPFD BUDGET IDEAS

Part 1/3: https://jonrcorbett.blogspot.com/2018/03/to-speaker-edgmon-part-1-of-3.html?m=1


Thursday, May 18, 2017

With Or Without What?

So I made the claim that my Alaska House Rep had said something along the lines of 'with or without the public's consent' when asked about how the Alaska Legislature is going to address the fiscal fiasco.  I got a few messages saying that that was not what he said.

Here Ya' Go Folks, In His Own Words:



https://www.facebook.com/ProtectThePFD/videos/717184275131948/

Thursday, April 6, 2017

Simple Math 101*

Hypothetical Situation:  Let’s say there’s a community with a population of 2500 people that have an employment participation of about 1200.  Then let’s say that the average income is about $50,000.00.   Under the current flavor of the proposed income tax bill, an Alaskan earning $50000 will pay about $620 filing jointly or $800 filing singly. *** Now, multiply the median of those tax liability numbers (710) with the number of taxpayers (1200) and you come up with $852,000.00*. 

That’s how much money would be pulled from the private sector and sent directly to the government.  If one considers that maybe 50% of that amount would be spent in local commerce and taxed at 6%, the revenue loss to a municipality would be about $25,000.00* initially.

Now… Let’s also throw in the removal of say $1,000.00 of Permanent Fund Dividend money.  Although the exact numbers are difficult, with a somewhat transitional population, let’s say that 2/3s of the 2500 receive a PFD, What we get is:

2500 X .66 = 1650 X $1000 = $1,650,000.00 X .5 (local spending) = 825,000 X 6% Sales Tax = $49500 Lost Tax Revenue*

Approximate Annual Tax Revenue Loss under the current legislative plan: $75000**

Local Spending Reduction Estimate Totals:
            Income Tax                            $426000*
            Dividend Reduction              +825000*
                                                Total:  $1,251,000 removed from the local economy.*


* This number does not reflect the commerce multiplier.  That multiplier would indicate that monies revolve through a community and have more than just one impact point upon local taxes and general economic strength.  The multiplier tends to be higher in rural or isolated communities and could even indicate that the actual impact upon an Alaska Bush community would be much more critical.


** The taxing authority will be looking to replace that lost income with a new or modified revenue source.  This will also serve to reduce the monies in the local economy and fall under the impacts aforementioned multiplier, thus negatively impacting the local economy even more. 


***Income Tax numbers were culled from an email that was sent out in a press release from the Alaska House Republicans on March 28, 2017.

Monday, March 20, 2017

What Cuts...Can Alaskans Get Some #FactNotFiction?

Last year during the 29th Alaska State Legislature, the notion of using a portion of the Permanent Fund profits normally allocated to pay out the annual dividend was floated by several legislators and the Governor.  These circumstances came out of a decade of above-inflation deficit spending, lopsided agreements with oil companies and government growth.  Immediately into fray supporting grabbing more money from Alaskans was a coalition of corporate interests that all stand to benefit from the continued growth of Our government.  The other company he mentioned was Lynden.  Both of these companies stand to lose big bucks as state spending is reduced, so of course it benefits them for the budget to be funded as much as possible, thus there support for the coalition of businesses calling themselves, Alaska’s Future.

Almost immediately a resistance to this idea sprung up and multiple outlets were established to amplify the voices of Alaskans.  However, those voices were quite frankly ignored.  Petitions were presented and people spoke out in groves against the path being taken by Our representatives way down there in Juneau.  Readers should check out this link: http://protectthepfd.com/currently/monday-memothank-you-alaskans from last April. 

Only 13% of the legislators even bothered to read an email containing signatures and comments from 100 Alaskans.  That petition eventually garnered 860+ signatures and was forwarded to the Alaska Legislature and Governor’s Office.  We have no way of knowing what happened to it once there other than the fact that Governor Walker did in fact veto about half of the funds to payout the PFD in 2016.  This action was contrary to his position as a populist candidate that wasn’t supposed to do business as usual in Juneau.  Petition Link: https://www.change.org/p/calling-on-alaskans-to-stop-the-alaska-governor-legislature-from-using-the-permanent-fund-for-deficit-spending

Fast Forward to the 30th Alaska Legislature…
During a Town Hall event at the local LIO on March 18, 2017; Alaska House Speaker Bryce Edgmon mentioned that he had met with several large business interests that relayed to him that they had in fact seen a decrease in their Alaska operations.  One in particular that stood out was Alaska Airlines.  Edgmon went onto to say that the airline company attributed it mainly to the reduction of ‘state travel’.  During this same exchange he also mentioned the “work” being done by Alaska’s Future and The Rasmussen Foundation, both advocates of using PFD funds and new taxes to fund growing government.  And Growing Government is exactly what Alaskans are getting… that ‘hard work of making cuts’ as claimed by the Legislature is a sham.

In the graph below with was created using the figures as provided by the Alaska Governor’s Office of Management & Budget, one can clearly see that the State of Alaska’s budget isn’t being cut at all and is growing faster than inflation. All that’s happened is a shell game of shifting money around. 






#FactNotFiction

Tuesday, February 28, 2017

Just A Little Pebble Reminder...

As various organizations are gathering to testify and lobby the Alaska State Legislature on the merits or demerits of the exploration and development of the proposed Pebble Project by a foreign corporation in the spawning grounds and headwaters of the Bristol Bay Fishery... Let's remind the representatives of We The People of Alaska what the legacy of PLP's operations was just 5 and a half years ago.


Friday, May 20, 2016

I Wonder Why...

I Wonder Why...
…didn’t a single legislator introduce a bill that said something like this:
"An Act eliminating the funding of any vacant positions within the government of the State of Alaska and providing for an effective date." ‽



I Wonder Why... …didn’t a single legislator introduce a bill that said something like this: "An Act eliminating the funding of any vacant positions within the government of the State of Alaska and providing for an effective date." ‽ ‪#‎AllAboutTheBudget‬? ‪#‎ProtectThePFD‬!
I Wonder Why...
…didn’t a single legislator introduce a bill that said something like this:
"An Act eliminating the funding of any vacant positions within the government of the State of Alaska and providing for an effective date." ‽

Wednesday, May 18, 2016

ALEC & Alaska...

ALEC & Alaska…

The American Legislative Exchange Council, otherwise known by the acronym ALEC, is a non-profit 501(c) political organization established in 1973 in Chicago. The legislative members are state and federal legislators. It is a forum to allow the members to write model laws and discuss legislative language with other members. ALEC meetings are an opportunity for the corporate and non-profit leaders to meet and provide feedback to legislators. Member legislators can then use these model bills as templates for their own bills.

The short video below shows a recent investigation done by Atlanta NBC Affiliate 11 Alive is very revealing about how ALEC works. 






I had seen the ALEC Acronym floating around and knew that it was an organization whose actions and affiliations are circumspect.  SO, in this election year and of particular concern is the recent failures of Alaska’s Legislature, I decided to look into whom in Juneau is involved with this ‘educational charity’.  I went to their website and found that ALEC’s Alaska State Chair is District 10 Representative Wes Keller.  But over the past few years, quite a few legislators have been involved with ALEC and with pushing ALEC approved agendas. 

·       Rep. Mia Costello - Tax and Fiscal Policy Task Force
·       Rep. Doug Isaacson - member and attendee at 2011 ALEC Annual Meeting
·       Rep. Bob Lynn - Public Safety and Elections Task Force 
·       Rep. Cathy E. Munoz - Commerce, Insurance and Economic Development Task Force
·       Sen. John B. Coghill, Jr. - International Relations Task Force
·       Sen. Fred Dyson - ALEC Health and Human Services Task Force member, attended 2011 ALEC Annual Meeting
·       Sen. Anna I. Fairclough - Tax and Fiscal Policy Task Force 
·       Sen. Catherine A. Giessel - Tax and Fiscal Policy Task Force
·       Sen. Lesil McGuire - Tax and Fiscal Policy Task Force
The last three names on the AK ALEC list are the most interesting though.  As Legislative Members of the Tax and Fiscal Policy Task Force, they commit to further legislation that adheres to the direction that ALEC members endorse.  Generally ALEC’s fiscal direction is in favor of larger corporations.  ALEC strongly advocates and lobbies for state fiscal policies that benefit corporate interests over that of individual citizens and small businesses. 


Through ALEC, corporations voted bills to rewrite the tax code that would increase their profits or the riches of their CEOs by: Helping the richest of the rich get richer, through Opposing windfall profits taxes on energy companies, like Exxon Mobil and BP (oil companies have been reporting out of this world profits while American workers struggle to make ends meet).  Can anyone say Alaska Senate Bill 21 and the opposition to the public outcry and subsequent Vote to repeal that legislation? 

Now Fast Forward… the Alaska Legislature is currently heading towards voting to pay out money to energy companies that are ALEC Donors than it takes in from the industry. 

Wes Keller Quote… “"I am proposing exploration of model legislation that has both industry and public priorities on the table. I have asked the American Legislative Exchange Council (ALEC), an organization uniquely qualified to explore this goal. ALEC action would include vetting of the issue in a multi-state context."

Wes Keller Quote… “Keller said he likes that the private sector has a vote in crafting the group's model legislation.“

ALEC Donor Members



















Wednesday, March 16, 2016

#ProtectThePFD

Here's the petition I penned for the #ProtectThePFD effort... There's a link to where it can be signed at the bottom.

LETTER TO
Alaska Governor
Alaska State House
Alaska State Senate
Alaskans want the Governor and Legislature to work towards a long term sustainable budget plan that does not include new revenue sources such as tapping & capping the PFD and new taxes. By utilizing the Earnings Reserve and existing revenues, we can have a balanced budget at $3.8B based on $40 bbl oil. Any attempt to modify the PF formulas to decrease the dividend potential while paying for above inflation government sector growth is not sustainable, but places other assets of the public at risk too.

I implore the Legislature and Governor's office to look outside of the big money lobbyists and industry donors for help in figuring this out. If yet another special session is needed, the costs of that will pale in comparison to the losses Alaska's Future will feel if We don't develop a true plan for Alaska. The session to session legislative budgeting model has failed and We must restructure how We govern ourselves or we will soon be told by more and more government and creditors to that government. 

The time to act is now... not by waiting and seeing what will happen next.