Wild Wolves are Howling!

So Rally Round Our Fund folks! 

Alaska Must Resolve the Budget Gap. But, Beware of the Snare.                                        We Must NOT let Wild Wolves Raid Our Permanent FUND.                                                  There is No shortage of Dough in AK. They must just pay for what they need.

Our AK Permanent Fund is not now and never was part of the Constitutional Budget Reserve Fund. It is a separate fund from which no one has the legal authority to take money without a referendum vote from “We the People”. Congress seems to think otherwise.

Though our Ex-governor Sarah Palin filled our tax coffers, our Constitutional Budget Reserve Fund to overflowing ($20 Billion), our elected Representatives who apparently really represent the oil companies, have turned around and given away Alaska’s Clear and Equitable Share of our oil Revenue to those oil giants as urged to do so, by our traitor Oil Governor Sean Parnell. We were promised then, that if SB 21 did not work out for us, we could change it. Instead of rescinding SB 21 and Re-enacting ACES, our current leaders suggest a raid upon our PFD Fund. It matters not at all what we the people said, in 1989 with an "84% No" vote. Congress has given away our oil tax revenue to their buddies in the Dirty Bastards club. Why should the oil companies continue to fund Alaska when they can cleverly make the people pay from our wealthy savings fund.? Those Oil companies now want to make us, the Alaska public pay, so that they don't have to.

Joseph Goebbels set the principle that: If You Tell a Lie Big Enough and Keep Repeating It, People and even you yourself,  Will Eventually Come to Believe It. They’ll never quit lying to us the Public.

Yes, Alaska is overflowing in wealth. But it is the profit made from this wealth that needs to be taxed.

1^st, No Personal Income Tax can ever be justified in a state which abounds in so much wealth. None! Ever! So stop giving away our wealth.

2nd  When a  company pays its employees and deducts their wages and salaries as business expenses and thereafter pays tax on its profits. Tax is fully paid on that source of revenue. No further taxation should be required from that one source of revenue, None! Ever!            It is Double Taxation. No Government, Socialist or otherwise has the right to interfere in wage or salary agreements.

Whether it be the lowly floor cleaner, the company Chairman or its President, no one should have their income subject to Double Taxation. Personal income tax is Double taxation.    Businesses are best equipped with accountants to deal with the IRS, not so the private individual. Local municipalities likewise only should be allowed to collect Sales taxes, totally In Lieu, of Property taxes. When a property is purchased a sales tax is paid by the purchaser. The local Municipality does not own the property and has no right to impose a rental charge and call it property tax,  They are not elected to act as a Local Mafia gang of thieves.

Yes, Alaska abounds in wealth. Our permanent Fund does too. Is it any wonder our former  Governor and the local congress wanted to use our fund monies. The Oil companies  pointed in our direction. They don’t want to pay their clear and equitable share of our taxes. That is why they pushed for the SB 21 tax act. Re-enact ACES as of the date of SB 21.  Collect the back taxes due  thereunder.

I was going to suggest the Fund purchase 5 billion worth of 10 yr. AK 10% tax-exempt State bonds. But the State could not pony up the interest due each year. It has given away Alaska’s oil revenue. Well, now here’s the rub. I wouldn’t lend the state one copper cent from the permanent fund. The State is just not credit worthy. It has given away most of its income to the oil magnates. Too bad, And they may object to paying 10%. Good luck. Then let them go issue their bonds for sale on the open market. And see what response they get being so uncreditworthy.

Our AK Permanent Fund is not part of the Constitutional Budget Reserve Fund. You have your Fund, We the People, Have Ours! Obey the 1980 Statute. Pay Us our dividends. Respect all our laws, lead by example and obey them. Otherwise why should we?

You can borrow from the fund with 10% AK tax-exempt State Bonds as Security.  There is no shortage of Dough here in AK. Just pay for what you need. Rescind SB 21 and Re-enact ACES as of the enactment date of SB 21. Collect the back taxes due thereunder and then you can afford to pay us the interest due on any bonds purchased.

We will not suffer any interference with our Permanent Fund.  Guillotines from France need not be imported to ensure a French style revolution, we ourselves have more modern methods, which are much more efficient to get the job done.

Instead of impeding the will of our good Governor Dunleavy, who desires to pay us our dividends, look you towards your own safety, and cease to run rampant over the will of the people who elected  you to office. Obey the 1980 law as already enacted. Let us all obey the law. 

NO EXCEPTIONS.

Now, Wild Wolves are Howling!  So Rally Round Our Fund folks! 

Have we forgotten that we the people voted to abolish all income tax here in Alaska? 
The right to veto new law before it is enacted, does not extend to making of new law against the will of the people and does not allow a veto of existing law.  Unless of course one has dictatorial authority.

The USA constitution, which Alaska has had to ratify to become a State of the Union, Article 1 Section 9 reads; "No capitation, or other direct, Tax shall be laid." Taking any part of our Permanent Fund Dividend is 1, a direct tax and 2, a Capitation tax. Our former Governor Walker needs to be held accountable because he has not only broken the US constitution, which he swore to uphold, but totally ignored our own Alaska law. We need to take this matter before the United States Supreme Court, not just the AK State High court which gave him approval.

Our AK Permanent Fund is not and was never a part of the Constitutional Budget Reserve Fund. It is a separate fund from which no one has the legal authority to take money without a referendum vote from “We the People”.

Though our ex-governor Sarah Palin filled our tax coffers with over $20 Billion to overflowing. Our elected Representatives who now really represent the oil companies have turned around and given away Alaska’s Clear and Equitable Share of our oil income to those oil giants as urged to do so, by our traitor Oil Governor Sean Parnell. We were promised then, that if SB 21 did not work out for us, we could change it. Now instead of changing it by rescinding SB 21 and Re-enacting ACES, our current congress leaders suggest a raid upon our PFD Fund. It matters not at all, what we the people said, in 1989 with an "84% No" vote. Congress has given away our tax revenue to their oil buddies in the Dirty Bastards club. Why should the oil companies continue to fund Alaska when they can cleverly MANIPULATE Congress and make the people pay from our wealthy savings fund? Now they want to make the Alaska public pay, so that they don't have to.  If they can make all of us Alaskan Suckers pay, then they then can enjoy more clearly of our  Fiscal Reality, (our oil wealth profit among themselves).  

Joseph Goebbels set forth the principle that: "Truth is the enemy of the State". and "If You Tell a Lie Big Enough and Keep Repeating It, People Will Eventually Come to Believe It". So will they ever quit lying to us, the Public?  Depend upon it, they will never cease lying.

Continue to pay out our PFD's  from the 50% of the Fund's Earnings Related account as legally stipulated in 1980.  

Our AK Permanent Fund is not part of the Constitutional Budget Reserve Fund. You have your Fund, We the People, Have Ours! Obey the 1980 Statute. Pay Us our dividends. You can then, and only then, borrow from the fund with 10% AK tax-exempt State Bonds as Security.  There is no shortage of Dough here in AK. Just pay as you go, for what you want, and the fund  itself will continue to grow.