Dunleavy supports a sales tax to cover cost of larger PFD, drops demand for voter approval
Gotta pay for that bigger PFD somehow.
taxes
With new taxes on the table, legislators examine existing taxes and exemptions
The state foregoes more than $1 billion a year in revenue due to dozens of credits and exemptions set in state law.
Here’s one weird trick for Dunleavy to deliver the big PFD he promised. (Pay for it)
If he wants to finally deliver some fraction of his 2018 campaign promise, he needs to explain how he will pay for it. As long as the governor stands in the way of new revenue, clinging to the fantasy that it all can be done without pain, he will also stand in the way of larger dividends.
The ‘$100,000 dividend.’ The repeal of Alaska’s income tax benefitted some far more than others
Sure, the first dividend was $1,000 but the repeal of the income tax paid even bigger dividends to the wealthiest Alaskans.
With Dunleavy standing in the way, what can the Legislature expect to get done on the budget?
As long as Dunleavy stands in the way to durable solutions, Alaska’s financial woes will continue.
‘Perhaps we could talk about sales taxes.’ Dunleavy administration seeks money for tax team
The administration said it’d like to engage the Legislature on new revenue. “In specific, perhaps we could talk about sales taxes.”
Will Dunleavy veto a hike to motor fuel taxes? Can’t say. AKLEG Day 14 Recap
The Legislature is nibbling around the edges on new revenue as the House starts to pull together its budget. Here’s some of what happened on…
Dunleavy’s oil and gas property tax bill would funnel $439 million from communities to state coffers
The move would punch more multi-million dollar holes in budgets along the TAPS route, but the biggest impacts would be felt by the North Slope Borough and Valdez.
Republican Sen. Bishop proposes bringing back education head tax
The $30 tax would be levied on every Alaska worker—regardless of residency—and raise an estimated $13 million per year for school construction and maintenance.
Dunleavy’s constitutional amendments could push higher fees onto Alaskans in the long term
Dunleavy cited Colorado as a shining example of requiring voter approval of taxes, but it’s also meant “an explosion in fees” and budgeting tricks by the state’s Legislature.