The so-called SB21 35% tax rate doesn`t touch close to that rate now or has it ever.  They won`t pay 35% to us until oil reaches 140 bucks a barrel.  The "wait and see" approach is just to delay and continue harvesting the remaining quality light oils tax free.  I hope we put a stop to SB21.  The lobby has pulled out all the stops and their best salesmen (tax specialists so-called) are in Juneau today asking for continued subsidies and risk-taking by us Alaskans... for another pig-in-a-poke like "a million barrels a day". The line Parnell and they used to sell the legislature on SB21.  http://www.akbizmag.com/Alaska-Business-Monthly/March-2011/Alaska-Governor-Sean-Parnell-Sets-Million-Barrel-Daily-Goal-for-TAPS-within-Ten-Years/