State sales tax to cover larger PFD is a bad idea, distracts from real needs
May 17, 2023
The support from our governor and some legislators for levying a statewide sales tax on all Alaskans defies logic. Nor does it even make horse sense.
As the Legislature enters its final days, the governor says he supports a $2,700 Permanent Fund dividend. Some in the Senate propose a $1,300 dividend. If the $2,700 dividend were to be approved by the Legislature it would create an estimated $600 million budget deficit. That is about what the governor would need to raise from a sales tax to fund his higher dividend.
That tax would come from the pocket of every Alaskan on virtually every purch...
For access to this article please
sign in or
subscribe.
Reader Comments(0)