Among the cuts to state services and capital spending, SB-21 has cost each Alaska almost $7,000 in Permanent Fund Dividend cuts. Your dividend was cut to subsidize corporate welfare.  Alaska is paying Big Oil to pump oil from the largest, most profitable  conventional oil field in the United States.  At the same time it was making record profits.  It’s okay to take this issue personally!

Dividend Year Statutory Amount Amount Paid PFD Cut
2016 $2,083 $1,022 $1,061
2017 $2,390 $1,100 $1,290
2018 $2,988 $1,600 $1,388
2019 $2,910 $1,606 $1,304
2020* $2,934 $1,000 $1,934
Total PFD Cuts = $6,977
*Based on projected values

The average Alaskan family of four — Mom, Dad and 2 children — has lost more than $28,000 since 2016 because of Alaska’s fiscal problem.

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