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Editors Note: There arent a lot of policy issues that unite Sarah Palin and Clinton labor secretary Robert Reich. But in Palins home state of Alaska, both agree that oil tax revenue should be used to pay equal dividends to all state residents, as it has been since 1982. Alaskas mineral resources are owned by the citizens of the state. Theres no income or sales tax; oil tax revenue makes up for it, comprising the largest portion [url=https://www.airmaxplus.es]air max[/url] of the states general fund. In 2007, Palin signed into law a progressive tax collection structure based on the price of oil. Thats no longer the way oil tax revenue is collected for the Last Frontier States general fund, though, and last week, voters there rejected a ballot ini [url=https://www.stanley-cup.fr]stanley cup[/url] tiative that would have made it that way once again. Instead, voters decided to stick with the law passed by current Republican Gov. Sean Parnell in 2013, which ended the progressive nature of tax collecti [url=https://www.campusadidas.it]adidas campus[/url] on and cut the base tax rate for oil companies from 35 to 25 percent under the theory that higher taxes were discouraging higher oil output. The No On One campaign, funded mostly by three big oil companies, outspent the defenders of the Palin law by about 10-to-1. Gov. Parnells law, which took effect January 1, is expected to cut tax revenues by $2 billion. Non-labor income, like Alaskas oil tax revenues, now represents a third of every dollar Americans receive, and its a good thing, argues entrepreneur Peter Barnes, because the jobs our economy is creating arent enough to susta
