Yesterday, EconOne, the Administration’s consultants on oil tax reform, presented an extended analysis to the House Finance Committee of anticipated state revenue levels under various oil tax scenarios. See Modified Slides EconOne 4-10-2013 (Apr. 10, 2013). The analysis projects, under various assumptions, anticipated state revenues from SB 21 compared with ACES over the next 30 years.
The analysis is intended to — and does somewhat — bolster the case for SB 21, the Governor’s proposed oil tax reform. The analysis shows that, with a Continue reading