Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Anyone here from Alaska that can answer a question?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
EC Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-29-08 12:41 PM
Original message
Anyone here from Alaska that can answer a question?
Was the plan Palin talked about where she took profits from big oil and gave money to every resident of Alaska anything like what Obama proposed with Windfall Profits?

It looks like McCain will do anything to win, he's reversed himself on saying that experience trumps change and if her plan giving $ to the residents of Alaska, well his drill, drill, drill is shown as a con too...rather Obama was right again...
Printer Friendly | Permalink |  | Top
Possumpoint Donating Member (937 posts) Send PM | Profile | Ignore Fri Aug-29-08 12:48 PM
Response to Original message
1. If I Remember Right
Some of the profits for the oil pumped through the Alaskan Pipeline are distributed to the State's citizens.
Printer Friendly | Permalink |  | Top
 
davepc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-29-08 12:49 PM
Response to Original message
2. Every Alaskan gets a cut of the oil revenue generated by the state.
Printer Friendly | Permalink |  | Top
 
Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-29-08 12:55 PM
Response to Reply #2
4. No you are mistaken
Edited on Fri Aug-29-08 12:56 PM by Winterblues
Alaskans get a dividend from Profits off money they have in a savings account. Granted that savings account was intially funded from oil revenue it now pretty much earns it's own money through investments and interest. Alaskans receive one quarter of those Profits but nothing at all directly from oil. The state uses oil royalties to run the state as there is no state income tax nor state sales tax..
Printer Friendly | Permalink |  | Top
 
Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-29-08 12:52 PM
Response to Original message
3. No
It has nothing to do with windfall profits at all. Alaska has made a lot of money of late because of high oil prices and it receives royalties on that oil. On the other hand Alaskans have had to pay out disproportionately in fuel costs because of the remoteness of most Alaskans and the cost of getting that fuel to them. It is a Major hardship on rural Alaska and Palin decided it would be a good thing to take some of those extra earnings the state has brought in and disperse them to the people that actually own the oil. It is very similar to Obama's one thousand dollar per family tax cut....
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 18th 2014, 11:24 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC