Alaska gets 90 percent of its state revenue from oil production [COLOR=blue !important][COLOR=blue !important]taxes[/COLOR][/COLOR]. When the price of oil goes up, so does the amount paid to the state. Bryan Butcher, Alaska's Revenue Commissioner, said he's anticipating a tax windfall of $3.4 billion this year, adding to a healthy reserve fund.
"We're looking at a surplus of approximately $15 billion in reserve that the governor and Legislature could tap if need be," he said.
Read more: http://www.foxnews.com/politics/2011...#ixzz1K5rq7tXg
me: i am so happy, even as a non-res, ALASKA gets this instead of NEW YAHK, CHICAGO, LA, DETROIT or hundreds of other domestic terrorist havens, welfare communes and less deserving coffers than where it is dedicated by law to help.
I view this as wonderful news for ALASKA!