Alaska mayors say governor’s proposed tax break for $46B gas line ‘needs a lot of work’

Five Alaska mayors voiced concerns about how a proposed tax break for the Alaska LNG gas line project would impact their communities.

Republican Alaska Gov. Mike Dunleavy has proposed eliminating property taxes and other local taxes for the $46 billion megaproject. Instead, his bill would impose a volume-based tax when substantial quantities of gas are delivered from the North Slope. 

The Alaska Department of Revenue estimated Dunleavy’s bill would equate to a roughly 90% reduction…