IF Alaska had paid out yearly earnings each year to equal shares to every Alaskan, most of us would be in a better financial position now and State spending would be under control.  Sure we would have had to pay Federal and State taxes and local taxes might be higher but we would have much more money than the PFD would ever give us.

Possibly an even better idea would have been to save all the earnings for 20-40 years and then use the yearly earnings to pay for State government for eternity. We would be richer than most countries. Now we are in debt and going broke. Greed. It is my money and I want it now! 

The PF was a great idea. It kept the State from spending every last penny. I wish we had put more in it each year.