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"And how do you get Alaskans on board for paying higher taxes to fund it?" The APF is funded by severance taxes on oil & mining. I suspect that most people ar
by RockIslandLine 6y ago
"And how do you get Alaskans on board for paying higher taxes to fund it?"
The APF is funded by severance taxes on oil & mining. I suspect that most people are entirely fine with that tax model.
The problem is that it only supports a small benefit.
- luckylion 6y agoYeah, and to increase it 5 or 10 times would certainly require new taxes. I don't know whether oil and mining will still be profitable with a ten-fold increase in royalties, taxes and fees, but I have a feeling that it won't.