You obviously don't understand where the pfd money comes from... it all starts with how mineral rights are handled in Alaska on public lands. On public lands, the residents own the mineral rights collectively. When an oil company pays its tax (better termed mineral right than a tax) to the state, those funds are for the residents minerals. It's not an oil tax, it's a fee for mineral access. In say Texas, mineral rights are privately owned, the oil company buys the rights or rents the rights from a private owner. Then Texas taxes the oil on top of the mineral right, making the cost for the oil companies collectively higher than Alaska. The mineral taxes in Alaska are not oil taxes, they are buying the oil from you, me, the other 675,000 Alaskan residents that own the rights. Your Alaska government taxes 50% to you, rest goes into a fund (PFD) which pays out interest to the residents. Now they tax you an additional $1100.00 from your earnings. It's a redistribution of resident wealth.