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Michael Penn / The Juneau Empire
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Tuesday, April 23, 2013

Alaska gambles with major oil-tax cut

Juneau residents attend the “Stop the Giveaway” rally at the Capitol on April 4 to protest GOP Gov. Sean Parnell’s oil-tax bill that will lower the tax rate paid to Alaska by oil companies. The Republican-led Legislature approved the massive tax cut on the last day of its session last week. Parnell is a former ConocoPhillips lobbyist.