Given the fact that Alaska received $12.1 Billion in oil tax revenues and received $1.84 in federal money for every dollar of federal tax it collected, my point is that the proposition is ludicrous.
I understand what you are saying about federal corporate tax not being included in the calculation but I am saying that, whether or not that is true, it is irrelevent to the topic.
I hope not. Part of the massive budget was a massive tax. It drove business out of the state. I was one of the ones that left partly because of it. At a time when the oil business was booming in Texas and other areas, Alaska was falling. The feds contribute to this problem but just as the foothills of the Brooks Range was starting exploration, new taxes shut most of it down.
Alaska has shale as well as the booming areas in the lower 48. But state taxes along with the federally controlled areas keep it from being developed.
it is irrelevent to the topic
When you look at inflow versus outflow, but only count a portion of one side of the equation, it becomes very relevant.
It would be like looking at the federal dollars in and out of a military base or Washington D.C. Of course they are in the red and not balanced. Unfortunately, the feds operate Alaska the same way. Release the land for production, even if kept in federal ownership, and the books could easily be balanced.