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Stedman Adds Name to Petition to Repeal New Oil Tax Structure

State Sen. Bert Stedman has added his name to the list of Alaskans hoping to repeal the state’s new oil tax structure.  The Sitka Republican signed a petition on Tuesday against Senate Bill 21. Supporters of the measure, which was signed into law by Governor Sean Parnell, say it will spur more development in Alaska. But opponents, like Stedman, call it an oil giveaway.

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Ed Ronco is a reporter at KCAW in Sitka.