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Aditya

Do Alaskans receive the same amount each year from the Alaskan Permanent Fund Dividend? How much?

Are checks equally distributed, or is it based on some formula?Do only individual tax payers get the check, or do businesses as well?How much can one expect to get from year to year?
Nikkinmiss:

As far as I understand it, Every man, woman and child gets about $3200. It's a windfall profits tax from the oil companies up there. Take from the oil companies, give it to your residents, complain about your opponent being a socialist.... That's the Sarah Palin way.

Aditya:

So a family of four would receive $12,800/year? Decent.

Nikkinmiss:

It's actually $3269 according to the Anchorage Daily News.
http://www.adn.com/news/alaska/story/516967.html

Gbob_north:

It's based on a stock portfolio and the annual revenues made by selling oil which according to the state constitution that made this territory a state, belong to the people of the state (we didn't get the same deal with bridges and dams that other states got...way too many miles of rivers) it goes to individuals, and it is evenly distributed. The amount changes based on the stocks and oil revenues, but today it's mostly the fund stocks.

Aditya:

Thanks.
Is Check's $3200/year answer about right?

It must have been an amendment to their constitution as Alaska was purchased from Russia in what? 1867? No oil then, right? (The referred to by short-sighted Americans as "Seward's Folly" and "Seward's Icebox.")

Gbob_north:

The state became a state in 57', my grandfather took part in the vote, and they were NOT short sighted....

No, it was around $2,000 + a $1200 stimulus check. It's based on the last five years revenues (the same every year) and oil prices have been high so now, it's high too. The amount goes down with oil prices, which go down when we drill more, oddly enough that means more jobs or more money.

Gbob_north:

Sorry, should have typed '59, January 3, 1959 actually, you're off by a hundred and twelve years...

Aditya:

You are talking about statehood. I am talking about the original purchase from Russia. You never checked my references to Seward, Secretary of State under Lincoln (and Johnson if I recall correctly).

I don't care if you argue with me, but at least read what I wrote before making corrections.

John P:

It is different every year. Keeps going up right now, but will go down because of the way things are. See I told you that Sarah could help everybody if given a chanse. She has proven herself to us already. So keep making fun of her and passing over what she can get fr you and we here in AK will keep getting the benefits she gets us. You all could be having them too. Like I said she is a strong woman with a great mind in that small package.

Nikkinmiss:

But pat, how can she even begin to call condemn Obama as a socialist, when she is so CLEARLY one, herself? Do you not see the blatant hypocrisy?

Aditya:

I have never seen pat come back to answer follow up questions. No points, you see.

Nikkinmiss:

Ah. Funny, I thought the purpose was to have discussions about the issues, not getting points. So how many points does pat need to get the glow in the dark wrist watch?

Aditya:

I used to think it was about discussions, too, but most people are too busy pontificating to listen to what others think. Some point out that there is a better place for those discussion on the back boards (QnA Cafe, I think.) You can find a link on the Home page.

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