Monday Morning Musings

Alaska doesn’t have an income tax. Alaska can pay for everything with royalties from oil production. Some years, Alaska can even pay her residents a dividend.

California wants to pay for lots of things and has a budget deficit.

Florida has an aging population and would also like to pay for lots of things in addition to recovering from Hurricanes now and then.

There is oil offshore of both California and Florida. That oil could solve some money problems for both states. All they have to do is allow drilling.

That would also increase US production, which would, in turn, reduce our need for foreign sources. It may not be a lot, but it’s sure better than not increasing our own production.

Print Friendly, PDF & Email