Quote:
Originally Posted by Bunz
Its 1.2billion, but either way, it is from the oil royalties Alaska has. No income or sales tax here. So not really a re-distribution, more of a tax rebate with a focus on energy. Except this tax rebate has cold hard cash behind it, straight from the SOA general fund.
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Ah, so the oil companies are paying the state to take oil, and then the state is giving some of that money to the citizens to buy oil from the oil companies who are paying the state. Nice scheme.