Hi Brad, always a pleasure seeing your posts.
Isn't the PFD kind of an endowment paid directly to the citizens (based on sold assets owned by the citizens), rather than into funds the Leg tap for their personal interests? Seems to have always worked to me.
As with a sales tax, the removal of the PFD are the 1st and 2nd most regressive ways to the public of raising revenue. The first stop should always be a progressive income tax. The people that benefit most pay their share. Those that can afford it least pay less. I'm not in favor of -0- tax rates (including EIC). Everyone should pay something.
For those that demand tax breaks for big oil to continue to do business in Alaska I have one simple conservative thought for you. If the business is so big, pays so well, that is it unprofitable to do business, then it shouldn't be doing business Alaska. There are smaller business that don't need the profit margins demanded by BP or the SB21 reduced risk of doing business legislation.