Quote:
Originally Posted by GGG
Dont give it to other businesses. Do what should have been done from the first drop of oil being extracted from the ground.
All resource revenues go into a government fund that only interest is used for government revenues. This would allow lower general overall taxes long term and ensure that the future expenses are well taken care of. A long term subsidy of non-oil buisnesses is still problematic as thsoe business would suffer with any oil downturn which is what your are trying to avoid.
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They would only lose their subsidies in weak oil years but their might be enough good years to entice them to come here in the first place.