Governor willing to support sales tax to pay larger PFD
August 12, 2021
The governor’s Revenue commissioner has presented legislators with several revenue-raising options so that the state could afford a significantly larger Permanent Fund dividend and still balance its budget.
A statewide sales tax is among the options the administration presented to the Legislature’s fiscal policy working group last Thursday.
Deciding the amount of the annual dividend should come first, Senate President Peter Micciche told a meeting of Alaska mayors last week. “We have to determine what dividend we can afford,” and then decide how to pay for it.
Supporters of a large...