I appreciate your posts on the Permanent Fund here.
I have a friend who moved to Alaska last year for work last year and will probably be there for a few more years. We had discussions about the fund recently because this is the first year he qualifies for it. He will very much be in that camp of using the check in the fall to splurge and will do so until he is able to move in a few years.
As an outsider, it seems frustrating to me that the funds aren't used to improve the state (schools, utilities, infrastructure). I've expressed this to my friend and kind of derided him a bit for being what I see as part of the problem. In reality I guess I can't really blame him for taking the money and (eventually) running, but it just feels wrong to me.
I feel vaguely similar, having moved to Texas a year ago. No income tax, also money needed for services, when I point this out people just kinda go "oh you crazy new york folks."
The property tax burden (if you own) is fairly high, especially if one is not getting a high tech salary. The sort of permanent fund equivalent in Texas is dedicated to the state university system - they make a pretty big deal of this in civics classes in Texas.
Also, there is a delayed reckoning in the public school system in Texas - they keep on cutting state funding to systems to avoid having to increase state taxes so local school systems have to try to make this up, and the state for a long time fraudulently worked to deny children with special education needs the correct diagnosis - since special education (for whatever reason/cause) children cost a lot more to educate. https://www.chron.com/politics/texas/article/Delayed-or-deni...
I have a friend who moved to Alaska last year for work last year and will probably be there for a few more years. We had discussions about the fund recently because this is the first year he qualifies for it. He will very much be in that camp of using the check in the fall to splurge and will do so until he is able to move in a few years.
As an outsider, it seems frustrating to me that the funds aren't used to improve the state (schools, utilities, infrastructure). I've expressed this to my friend and kind of derided him a bit for being what I see as part of the problem. In reality I guess I can't really blame him for taking the money and (eventually) running, but it just feels wrong to me.