ALASKANS DEFENDING ALASKA...May 20, 2020  · HOW YOU CAN HELP DEFEND ALASKA •Join KEEP at...

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Vote No on the Oil Tax Ballot MeasureDate – Presenter Name, Presenter Title

ALASKANS DEFENDING ALASKA

KEEP JOINS ONEALASKA FOR A UNITED FRONT

THE TIMING COULDN’T BE WORSE

ALASKA RUNS ON OIL

Source: The McDowell Group and Dept. of Revenue, Fall 2019

INTERNATIONAL POLITICS HIT HOME HARD

• Flooded oil market

• Caused prices to plummet

• Threw Alaskans out of work

• Combined with Covid19, ALASKA’S FUTURE IS UNCERTAIN

• Further jeopardizes North Slope fields that

account for 84% of oil production at a time we can’t afford a colossal mistake

• Most current and new projects are now paused

• Creates uncertainty in all job sectors across the state

BALLOT MEASURE IS BAD FOR ALASKA

At $60, ALASKA HAS AMONG THE HIGHEST PERCENTAGE OF GOVERNMENT TAKE

AT $35, ALASKA RANKS NEAR TOP OF GOVERNMENT TAKE

Source: Independent oil economist Roger Marks.

Govt take includes all state and federal taxes and royalties.

HOW MUCH DOES THE STATE TAKE AT THESE LOW PRICES?

Producers lose when oil is less than $43/barrel

THE OIL TAX

BALLOT

MEASURE

RAISES

ALASKA’S

PRODUCTION

TAX BY

150% to 300%

Source: Independent oil economist Roger Marks

Annual Income: $74,247 $74,247

Annual Taxes: $9,089 $36,356

Income After Taxes: $65,157 $37,891

Could you

survive a

300%tax increase?

Source: Living Wage Calculation for Alaska, Massachusetts Institute of Technology, 2018 at $60/barrel oil

HOW WOULD AN EXTREME TAX INCREASE IMPACT YOUR LIFESTYLE?

THERE’S NOTHING ‘FAIR’ ABOUT THE BALLOT MEASURE

• Is it FAIR that you will lose your job?

• Is it FAIR that your house value will drop?

• Is it FAIR that your children will have little tono opportunity to stay and work in Alaska?

• Is it FAIR that no one will be left to pay for government services and support our charities?

• More taxes• A depression• No jobs

• More oil• A strong economy• Jobs

ALASKANS NEED TO PICK A PATH

HOW YOU CAN HELP DEFEND ALASKA

• Join KEEP at KEEPAlaskaCompetitive.com or text ‘KEEP’ to 55444

• Join OneAlaska at OneAlaska.com or Text 64600

• Spread the word by scheduling a presentation like this with your employees, friends, service groups

• Like us on Facebook and Instagram and share our information on social media

• VOTE NO on the oil tax Ballot Measure

WRONG TIME. WRONG APPROACH.

LET’S STAND TOGETHER TO DEFEND ALASKA.

Paid for by KEEP Alaska Competitive, PO Box 220884, Anchorage, AK 99522

Text KEEP to 55444

JOIN OneAKForce AND DEFEND ALASKA

• Schedule a virtual presentation

• Get your own wrist band

• Text KEEP to 55444