Free money! Plus, we don't have a state income tax or sales tax.
To: AlaskaErik
Yea... but you pay $5 for a gal of milk. It's also friggen' freezen up there and (worse perhaps) dark most of the winter.
A lot of things have to be floated or flown in, but a lot of the higher prices are (perhaps) caused by the annual flush of cash everyone gets.
If you take a family of 4, that'll buy a lot of dried moose droppings.
To: AlaskaErik
It is my understanding that they are trying to find a way to spend more of the money, and have come up with this 5% plan as a way to cover their tracks.
As an example, the state already gets a percentage of the oil money as revenue, only a portion is deposited into the fund. So now if the 5% plan was in place, they would have access to 1.25 billion of which 663 million is being paid out. That leaves them with an additional 587 million on top of what they already collect from all other sources. That would be quite a shot in the arm for all the pork projects.
We already have the highest per capita spending in the country, and a new governor that promised he would make cuts and balance the budget. It ain't happening, and Juneau is going to spend us into the poor house.
5 posted on
09/25/2003 6:00:57 AM PDT by
Brad C.
To: AlaskaErik
I would rather get my $13,000 per resident and let the state justify why they want $12,000 back.
6 posted on
09/25/2003 7:26:25 AM PDT by
HogFixer
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson