
Erich M asked: McCain Campaign blogger, Michael Goldfarb: “This is not redistribution in the sense of you take money away from one guy who’s working real hard, and give it away to someone who’s not working at all.”
Sandy Parr at the Alaska Department of Revenue confirms: every resident of Alaska, even “someone who’s not working at all,” is eligible for a dividend payment — this year totaling $3,269.
And dat fine Governor dere in Alaska told the New Yorker: “And Alaska—we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs. … It’s to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.”
So please tell me, I’m not ranting here, “Who is spreading the wealth around?”
Again, I took my Xanax, now, Who is spreading the wealth around? Please no name calling or insults. Rational discourse…maybe?
Ladytoob: Obviously McCain/Palin will as well if we judge her previous governance of Alaska.
Justin: Libertarianism as prescribed by Ayn Rand is merely “Un-communism”. I’m not asking if socialism or communism is the answer. I merely pointing out the futile arguments from the right based on the term “spread the wealth around” Welcome to a progressive tax system, my friend.
Palin is not communist nor Socialist, she simply realizes the resources of U.S. land are owned by the citizenry, and thusly, the citizenry should benefit from the profits of industries exploiting said resources. In Alaska they call it the Petroleum Profits Tax or PPT.
I haven’t failed realize our repubic, sir. I beg to differ. Alaska’s state government is funded by the PPT. They have no income or sales tax. They live off of petroleum industry profits.
Big Bad: We also are under the auspices of a progressive tax system that has been utilized for a century. That’s the cards your dealt…play with ‘em.
BigBad: read your comment again. The money doesnt’ come from the state’s resources. It comes from taxes levied on the oil company’s profits. Alaskans are not drilling and refining crude. BP and Exxon Mobil is. The state taxes their “profits” which is the company’s “income”.
Me H: please show me in his tax plan where it states this? The non partisan Tax Policy Center seems to think otherwise.
Joshua M: What does that mean? Anyway….
Victoria