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To: tuckrdout; All
Sarah Palin's Alaskonomics

Sarah Palin thinks she is a better American than you because she comes from a small town, and a superior human being because she isn't a journalist and has never lived in Washington and likes to watch her kids play hockey. Although Palin praised John McCain in her acceptance speech as a man who puts the good of his country ahead of partisan politics, McCain pretty much proved the opposite with his selection of a running mate whose main asset is her ability to reignite the culture wars. So maybe Governor Palin does represent everything that is good and fine about America, as she herself maintains. But spare us, please, any talk about how she is a tough fiscal conservative.

Palin has continued to repeat the already exposed lie that she said "No, thanks" to the famous "bridge to nowhere" (McCain's favorite example of wasteful federal spending). In fact, she said "Yes, please" until the project became a symbol and political albatross.

Back to reality. Of the 50 states, Alaska ranks No. 1 in taxes per resident and No. 1 in spending per resident. Its tax burden per resident is 2 1/2 times the national average; its spending, more than double. The trick is that Alaska's government spends money on its own citizens and taxes the rest of us to pay for it. Although Palin, like McCain, talks about liberating ourselves from dependence on foreign oil, there is no evidence that being dependent on Alaskan oil would be any more pleasant to the pocketbook.

Alaska is, in essence, an adjunct member of OPEC. It has four different taxes on oil, which produce more than 89% of the state's unrestricted revenue. On average, three-quarters of the value of a barrel of oil is taken by the state government before that oil is permitted to leave the state. Alaska residents each get a yearly check for about $2,000 from oil revenues, plus an additional $1,200 pushed through by Palin last year to take advantage of rising oil prices. Any sympathy the governor of Alaska expresses for folks in the lower 48 who are suffering from high gas prices or can't afford to heat their homes is strictly crocodile tears.

As if it couldn't support itself, Alaska also ranks No. 1, year after year, in money it sucks in from Washington. In 2005 (the most recent figures), according to the Tax Foundation, Alaska ranked 18th in federal taxes paid per resident ($5,434) but first in federal spending received per resident ($13,950). Its ratio of federal spending received to federal taxes paid ranks third among the 50 states, and in the absolute amount it receives from Washington over and above the amount it sends to Washington, Alaska ranks No. 1.

59 posted on 07/11/2011 4:15:27 PM PDT by ejdrapes (Can we keep our attacks focused on the real enemy: Obama)
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To: ejdrapes

Why do we have to be so hateful with each other!

I DO NOT agree with the tenor of this diatribe at all! Sarah Palin DOES NOT “think she is better”, than anyone! She doesn’t have an arrogant bone in her body. She is a very, very nice person, and a GREAT champion of conservative values. But, she has never proven to be a legislative leader. That’s all.

The article isn’t even accurate, because Palin IS a journalist! That was her major in college, and she did appear on tv as such!

And, I happen to think we NEED the culture war!

I don’t know where you are getting your information. But, it is inaccurate. Alaska is the only state to not have either an INCOME TAX NOR A SALES TAX! They actually PAY their residents part of the income they get from the oil companies....


119 posted on 07/12/2011 12:14:40 PM PDT by tuckrdout ( A fool vents all his feelings, but a wise man holds them back. Prov.29:11)
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