She discusses energy policy and Roger Ailes’ comments in her interview with Breitbart News. Here is part of her interview:
BNN: As governor of Alaska, you were often at odds with the Big Oil companies. You’re no stranger to holding them accountable. Obama wants to eliminate the tax subsidies to oil companies. Is this a good idea?
Gov. Palin: I’ve said in the past that all energy subsidies need to be re-looked at and perhaps eliminated. But let’s be clear about what President Obama is referring to. There are a couple of tax breaks the oil and gas industry has access to. One of them is a tax credit available to all U.S. manufacturers – so it’s unfair to target just this one industry if you’re not going to remove that tax credit for everyone else. Another tax break they get is to accelerate their deductions of what they call “intangible drilling costs” related to drilling oil or gas wells. This is particularly beneficial to smaller independent oil producers who can deduct 100% of these costs in the well’s first year, while the larger companies can deduct 70% in the first year and the rest over the next five years. If people have a problem with this particular break, then why not follow the suggestion the Heritage Foundation made and allow all companies to expense their full capital costs immediately. That would “level the playing field” between the oil and gas industry and every other industry. But President Obama is not interested in leveling the playing field. He’s in favor of subsidizing his pet industries—like these bankrupt green energy companies—and punishing the industries he dislikes. That makes no sense from a free market standpoint or from an energy standpoint…
BNN: Governor, many people were disappointed that you decided not to run for president this year, but are still hoping that you might one day run for the White House in the future. Roger Ailes was recently quoted as saying, “Sarah Palin had no chance to be President.” What do you make of that?
Gov. Palin: Interesting. I haven’t heard all of his remarks, but I wonder if he is aware that the same thing was said about me when I ran for city council, mayor, and eventually governor. No doubt many people who are told they can’t do something will work that much harder, and they succeed. Maybe you guys should send him a copy of Steve Bannon’s “The Undefeated.” The theme of Steve’s film isn’t about me, but about the idea of not letting others dictate one’s path in life and never giving up when you’re fighting for something precious like our exceptional nation and our children’s futures. So, would you send a copy of “The Undefeated” to him?
You can read the entire interview here.