But is that true?
As he said it on CNN so it must be, we wouldn’t expect that there not to be something not quite right in that statement.
They do pay taxes, which we will get to in a second. But, if we are to assume that people of Alaska don’t pay taxes themselves – why on earth do they ask for all those earmarks? Wouldn’t it be better to pay for things themselves – as they are, obviously, so flush with cash – but…
Alaska is the only state that does not collect state sales tax or levy an individual income tax. To finance state operations, Alaska depends primarily on petroleum revenues.
Now you have to admit that this is really cool! Petroleum revenue not only pays the State for all it’s upkeep – the State pays the people cash each year!
Well I’ll go to the foot of our stairs.
Yet, if it was only, really, like that.
While Alaska does not charge a state sales tax, it does impose a vehicle rental tax text (10 percent on passenger vehicles; 3 percent on RVs), as well as an excise tax of $46 per voyage on passengers traveling on commercial vessels that provide overnight accommodations while in Alaska waters.
On the local level, 89 municipalities collect a general sales tax, with a range of between 1 percent and 7 percent. Typical sales tax rates are 2 percent to 5 percent. Details on local sales taxes can be found in Alaska Taxable, the Commerce Department’s official annual report to the Alaska State Legislature on local sales and property taxes. Contact information for Alaska’s municipal taxing jurisdictions can be found in the state’s directory.
Other types of local taxes levied include raw fish taxes, hotel and motel “bed” taxes, severance taxes, liquor and tobacco taxes, gaming (pull tabs) taxes, tire taxes and fuel transfer taxes.
Personal and real property taxes
Alaska is the largest state, but only a small portion of the land mass is subject to a property tax. Only 25 Alaskan municipalities (either cities or boroughs) levy a property tax. The average per capita property tax paid in 2008 in all municipalities, excluding oil and gas properties, was $1,212.
So you don’t pay taxes but you do.
What we see there is that the oil industry pays the State and the people get the benefit, which is always good, but – as always – what happens when the oil and gas run out?
I wonder which political ideology would prefer business to pay the people – I…just…can’t…think…of…it…at the moment…