They are running out of cash. Second year in a row the government will need to reduce spending by $1.5B. Governor is raiding the constitutional savings accounts of around $500mm, which will leave those pretty much depleted. The state is a huge Socialist program, with oil money paying for just about everything. Very much akin to Venezuela, but without socialist leadership. Not much tax on residents that pays for schools, infrastructure, or much of anything else. All out of the state coffers.
There is a big tax on visitors. Get on a cruise, and you are paying all manner of fees to the state. Big taxes on oil and minerals as well. No tax on the imported workers who earn very large pay cheque. As for me. I expect SWMBA is going to file for my socialist payment this spring. The last dividend was around $1500 last year. Not really worth it, unless you are not earning any cash and need the funds for beer. Oh, there is talk of putting a massive tax on booze. Given the price for a can of PBR up there, it is almost as lucrative as smuggling meth. clay > On Dec 16, 2019, at 7:00 PM, Kaleb Striplin via Mercedes > <mercedes@okiebenz.com> wrote: > > When are you going to get your dividend check? > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
