🚀 go-pugleaf

The Permanent Fund. Any money the state gets will permanently not be
yours.


kahunaaccidentale@my-dejanews.com wrote:
> 
> 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
^^^^^^^^^^^^
But they didn't overpay taxes. The ones who got soaked should get the
rebate.


> 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
^^^^^^^^^^^^^^^^^^
If you didn't itemize in the prior year, you don't pay taxes on rebates!


> 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).
                                 ^^^^^^^^^^^^^^^^^^^
read- spent by politicians to buy votes


> 
> 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
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Give me my money back and I'll pay the taxes. Just give it back!


> 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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