The 2007 Permanent Fund Dividend Amount is $1654.00 (house, income, income tax)

[Superbecky79]

awesome!!!

[Glitch]

Ssssssssssshhhh! If my lower-48 friends see this they will start hitting me up for cash instead of smoked salmon.

[Tressa]

Nice now maybe I can get that new tv, no that new couch, no no get new tires for the car. But surely I'm NOT going to save ti.

[blessteve]

Do you get taxed on that. OOO wait AK has the lowest tax so it doesn't matter.

[Arcticthaw]

Originally Posted by blessteve

Do you get taxed on that. OOO wait AK has the lowest tax so it doesn't matter.

Yes the IRS gets its share!

The way they look at taxes is kind of decieving, We really pay more than people think, they just don't know that is what is happening. We have lots more user fees than ever before and the local refinery pays the stae and extra 10% above market price to use the states share of oil in the refinery. So we pay a 10 % tax on all fuel we use, this is above the stated .08 per gallon on gas. So figure the average smaller house uses around 1200 gallons of fuel a year, I just had a fill up and the price was $2.35 a gallon.
Unleaded is running around $2.90 a gallon. You do the math.

[Glitch]

Lets not forget that the only reason Alaskans pay no state income taxes is because of the oil royalties. If the oil were to stop flowing tomorrow, every Alaskan man, woman, AND child would have to pay more than $13,000 annually to the state just to cover our existing $8.7 billion budget.

[Arcticthaw]

Originally Posted by Glitch

Lets not forget that the only reason Alaskans pay no state income taxes is because of the oil royalties. If the oil were to stop flowing tomorrow, every Alaskan man, woman, AND child would have to pay more than $13,000 annually to the state just to cover our existing $8.7 billion budget.

Naw!! we would just raise the costs to the tourists!!! Then once we killed off that industry also we could cut the budget by getting rid of those two departments! Cut DEC also as they wont need that many to monitor either. Hey were back to pre pipeline days! begging for handouts from the feds, and hoping to keep the military presence.

Ok, I am kidding! REALLY!!!!

[JavaPhil]

I figure that the gubmint hacks away about a third after FITW, SS, Medicare, etc. etc. etc.

[Rance]

Is it really that much? I have not seen the news yet!

[Arcticthaw]

Hey Rance now you can pay this months international phone bill!

Remember the good old days when LD to Deadhorse was $2.35 a minute and you were glad to pay it?