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Latest oil-tax proposal takes on water

A new revenue analysis of the House Oil and Gas Committee’s oil tax bill that appeared over the weekend shows the state would take in less money under that substitute proposal than under the Palin Administration’s plan. In a press conferencethis morning, Democrats said the majority’s plan had some inconsistencies that didn’t appear in time to affect thecommittee’s decision.Dave Donaldson, APRN - Juneau