Tag Archives: millionaires in alaska

Quote of the day: Alaska grows government-dependent millionaires

Here’s Brad Keithley responding to a report that shows Alaska is 5th in millionaires per capita:

“Fifth in the nation in number of millionaires…no statewide income, property or sales tax and yet, Alaska still ranks low in philanthropic giving and relies on the state to fund one-hundred percent of things like sports arenas and tennis courts when, in other states, alumni, donors and contributors routinely are expected to pick up fifty percent of such costs. What is wrong with this picture? Effort, expectations and behavior…(T)he state can no longer afford to fund all things for all comers.”