Taxing income to pay "dividends" is quite clearly confiscation. If that is such a great idea then why not double the tax and double the dividend? This is why we have a Constitution to protect us from a mob mentality as promoted by the most Socialist ideologues in the State. Any tax, according to Article 9 Section 6 has to be for a "public purpose". Re-distributing income does not meet this test. The IRS taxes us on the Dividend because it is "income" and not a tax-exempt government benefit.
It is incredible to me that the Democratic (79% voted for Bernie Sanders) Party operatives want a big government, government giveaways for no legitimate public purpose, and a tax on hard working Alaskans to enable funding to do it.
This all reminds me of the Zobel case, where greed and mob mentality created the original dividend law which was struck down in both the State Supreme Court and the U.S. Supreme Court. There are "foundational" principles of government at stake here. Patriots will defend!