French is pleased with the tax that is sinking Alaska
By TOM BRENNAN

Hollis French’s latest campaign commercial is insane liberal happy talk.
The Democratic candidate for governor brags giddily in the television spot about how many billions of dollars the ACES tax boost is bringing Alaska. And he denigrates any legislator contemplating reducing the tax.
French is out of his mind. ACES, an acronym for the self-servingly named Alaska’s Clear and Equitable Share, does bring in billions. Oh, doesn’t it though. The problem is the bill made Alaska just about the highest-taxing oil province in the world. And that at a time when the best oil fields here are in a steep decline and more investments in exploration and new development are desperately needed.