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Article #313

MN's rebate of sales taxes: Cf. Alaska Permanent Fund, or no?

#313
From: kahunaaccidentale
Date: Tue, 19 Jan 1999 00:00
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Good idea, using sales tax revenue as the basis of any future Minnesota tax
rebate.

After all, such might certainly be especially beneficial upon especially the
Lower Classes as would not otherwise benefit from a rebate linked to income
taxation.

However:

I have to wonder, considering the rumoured implications of IRS policy on an
income-tax rebate, whether there may be parallels between Minnesota's proposed
sales-tax rebate and the Alaska Permanent Fund (revenue therefrom derived from
the interest income generated from the State of Alaska's share of oil,
natural-gas and mineral leases, invested in a manner prescribed by law).

Or whether there might be some interesting ideas that Minnesota might want to
adapt from the Alaska Permanent Fund (annual dividends therefrom considered
taxable income) in adopting a sales-tax-linked rebate policy, and especially
such as would avoid the risk of such being taxable income (cf. Alaska
Permament Fund dividends).

What do you think?
*******************************************************************
Sincerely,
KAHUNA ACCIDENTALE OF THE DELLS
(N.B. Spammers beware: You will be held liable in the amount of $500 for any
E-spam sent you per a recent Federal court ruling.)

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From: kahunaaccidentale@my-dejanews.com
Subject: MN's rebate of sales taxes: Cf. Alaska Permanent Fund, or no?
Date: 1999/01/19
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