Tag: Owner State

  • Alaska is Unique When it Comes to Oil Ownership and Taxes

    Alaska is Unique When it Comes to Oil Ownership and Taxes

    Around the globe, there are two basic systems governing the ownership of oil. In the first, resources are owned and controlled by the government. In the second, personal property rights extend all the way down to the core. The difference between the treatment of subsurface mineral ownership has far reaching implications. And, Alaska finds itself…

  • The 3 Opposing Views of the PFD

    The 3 Opposing Views of the PFD

    The legislature is currently debating the future of Alaska’s Permanent Fund Dividend (PFD). The operating budget has passed, without a PFD. A separate appropriation bill for the PFD has failed on the Senate floor. The House minority tried to stuff the PFD into the capital budget, but didn’t have the votes. And now, a “PFD…