Alaska has a negative state income tax, but that's not enough for some

A few US states are famous for not having a state income tax. Millionaires often move from high tax states like California and New York to zero tax states like Nevada and Florida. Alaska does them one better; they have a negative income tax, funded by revenue from Oil. It works for Alaska because they have a lot of oil rich property and not so many people. If Alaska had a warmer climate, it would be a people magnet as well. Unfortunately, Alaska's oil revenue has been down recently because of the price of oil. Some Alaskans are unhappy that their checks from the government will be smaller this year.