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Old 04-11-2012, 01:51 PM   #1580
MarchHare
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Quote:
Originally Posted by zuluking View Post
It is not semantics. The dividend is 10% of royalty revenue surplus only, not general revenues. No royalty revenue surplus, no dividend. And $1B only if the surplus is $10B. Completely variable. It could get worked into the calculations, but it would be purely hypothetical on either historicals or projections.
First, the WR proposed dividend is 20% of surpluses, not 10%. Second, there is no such thing as a "royalty revenue surplus". All government revenue goes into the same pot.
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