Thanks Dave.   I agree.  The oil tax credit program needs to be immediately modified to place a cap on the amount of the credit that can be taken to ensure it only reduces the tax liability (let's say a maximum of 50%), not eliminates it.   Then simply phase them out.  Although the PFD's spur and benefit the economy, it is neither the purpose of the fund, nor the responsibility of government to spur private enterprise so I don't accept the argument that the PFD should be sacrosanct for that reason.   We have a fundamental flaw in our State revenue/expense model because the more people who live, visit or work here, the higher the cost of state government.  Yet without an income and sales tax, there's no way to proportionally recover some of those expenses.   My point was that PF earning are the foundation.   On top of that, add small income and sales taxes, continually reduce State spending, and eliminate tax credits.   If there's money left over distribute it as dividends.