Alaska currently pays out more and takes less in from oil companies than any time in it's history.  Huge cuts in the oil production tax, not declining oil prices are responsible for the bulk of the deficit.  A fact that very few people understand. If the oil and gas industry paid its fair share the deficit would be 50-75% solved.  A modest progressive income tax would be all we need to fill the gap.  Protect the PFD.  As ownership state shareholders, it's the people's return on their investment that keeps us connected to our great land.