Word: perring
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Dates: during 2000-2009
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...beautiful bouquet of flowers.” Small-scale wind turbines, which are installed on approximately 3,000 American homes, are generally not economically feasible, according to a recent report by the American Wind and Energy Association. Electricity generated by such turbines can cost as much as $1.50 per kilowatt hour, compared to between 10 and 50 cents for normal wind power. In addition, small-scale turbines installed in cities have lower productivity due to interference and intermittent wind, according to a recent report released by the Carbon Trust, a British-funded group that helps companies reduce their carbon emissions...
...Back to reality. Of the 50 states, Alaska ranks No. 1 in taxes per resident and No. 1 in spending per resident. Its tax burden per resident is 2 1/2 times the national average; its spending, more than double. The trick is that Alaska's government spends money on its own citizens and taxes the rest of us to pay for it. Although Palin, like McCain, talks about liberating ourselves from dependence on foreign oil, there is no evidence that being dependent on Alaskan oil would be any more pleasant to the pocketbook...
...couldn't support itself, Alaska also ranks No. 1, year after year, in money it sucks in from Washington. In 2005 (the most recent figures), according to the Tax Foundation, Alaska ranked 18th in federal taxes paid per resident ($5,434) but first in federal spending received per resident ($13,950). Its ratio of federal spending received to federal taxes paid ranks third among the 50 states, and in the absolute amount it receives from Washington over and above the amount it sends to Washington, Alaska ranks...
...windfall-profits tax. McCain is against it, on the theory that it is a tax and therefore bad, and also that it would discourage domestic production. Obama is for it, on the theory that if oil companies can make a nice profit when oil sells for $50 per bbl., they can still make a nice profit when it sells for more than $100, even if the government takes a bit and spreads the money around to those who are hurting from higher oil prices...
...this dispute, her actions side with Obama. Her major legislative accomplishment has been to revamp Alaska's windfall-profits tax in order to increase the state's take. Alaska calls it a "clear and equitable share" tax. The state assumes that extracting oil from the tundra costs about $25 per bbl. and takes as much as 75% of the difference between that and the sale price...