Annie Feidt, Alaska’s Energy Desk

How Alaska decided to give its oil wealth to everyone in the state | MIDNIGHT OIL: Episode 05

In Alaska, we don’t pay income tax. We don’t pay state sales tax. But once a year every man, woman and child gets a cut of the state’s oil wealth. There are plenty of other oil states in the world, but Alaska is the only one that treats residents like shareholders and sends them dividend checks every year.

Site notifications
Update notification options
Subscribe to notifications