Governor Veto Blocks Gas Line Deal | Anchorage News

The governor’s vetoing a gas line project again, despite the Legislature’s effort to grease the wheels with tax breaks for developers — a move that’s already squeezing local budgets. The compromise? A capped corporate tax on Glenfarne, only triggered if they profit — a modest 9.4%. But the governor and Glenfarne are calling it a death sentence. Think of it: would you turn down a $1 million job because you’d pay $94K in taxes? It’s a bizarre standoff — the Legislature wants to move forward, the governor’s blocking it over a tax that’s actually pretty reasonable. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/79940fa9f3778752