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To: Halfmanhalfamazing

These taxes are a form of mineral rights royalties, which are paid by oil companies (and mining companies) throughout the world to whatever entity owns the land from which they are extracting the mineral resources. She simply negotiated it upwards, since it appears to have been low because of an agreement with her predecessor, Gov. Murkowski.

Usually the money from these royalties flows into the governmental treasuries, but she took the novel step of turning it over to the people of her state.


2 posted on 09/01/2008 3:21:27 AM PDT by livius
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To: livius

Yeah. I hope as many people understand that before the media can do any more damage than they’ve already done.


3 posted on 09/01/2008 3:24:15 AM PDT by Halfmanhalfamazing (I'm an illegal journalist. Just doing the job that the mainstream liberal media no longer want to do)
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