Comments on: What to Do With Arizona’s Windfall http://www.businesspundit.com/what-to-do-with-arizonas-windfall/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 03 Feb 2012 07:09:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Pete. R http://www.businesspundit.com/what-to-do-with-arizonas-windfall/comment-page-1/#comment-618 Pete. R Tue, 21 Feb 2006 19:24:00 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=2555#comment-618 The Canadian province of Alberta, in the 1970's established the "Heritage Fund" which held a chunk of the oil/gas royalities paid to it by oil producers. Its intent was to help Alberta diversify its economy from oil, and provide some long term cushion in bad times. Its holding about 12 billion dollars now, and returns about 1.1 billion/year, with about 1/2 of that going back into general revenues. Find me a state/province that wouldnt die to have a non-tax source for 300-500 million / year. <a href="http://www.finance.gov.ab.ca/business/ahstf/faqs.html" rel="nofollow">http://www.finance.gov.ab.ca/business/ahstf/faqs.html</a> The Canadian province of Alberta, in the 1970′s established the “Heritage Fund” which held a chunk of the oil/gas royalities paid to it by oil producers. Its intent was to help Alberta diversify its economy from oil, and provide some long term cushion in bad times. Its holding about 12 billion dollars now, and returns about 1.1 billion/year, with about 1/2 of that going back into general revenues. Find me a state/province that wouldnt die to have a non-tax source for 300-500 million / year.

http://www.finance.gov.ab.ca/business/ahstf/faqs.html

]]> By: Adam Kalsey http://www.businesspundit.com/what-to-do-with-arizonas-windfall/comment-page-1/#comment-617 Adam Kalsey Fri, 17 Feb 2006 18:39:49 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=2555#comment-617 Each time a government runs a surplus they start thinking of how to spend it. What they're forgetting is that it isn't their money. They collected more money than they needed. So how about giving it back? Each time a government runs a surplus they start thinking of how to spend it. What they’re forgetting is that it isn’t their money.

They collected more money than they needed. So how about giving it back?

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