An Income Tax Seeks to be Part of a Balanced Solution to Alaska’s Budget Deficit JUNEAU – Today, Senator Tom Begich (D-Anchorage) introduced legislation to establish a flat five percent income tax based on your federal tax rate. Senate Bill 100 would generate new state revenue from residents and non-residents earning an income in […]
‘Today was a sobering but instructive reminder that we all need to be on the same page to get our financial house in order’ JUNEAU – The Alaska Legislature is preparing to confront a deep conflict between the immediate needs of Alaskans during historically challenging times and potential negative long-term financial consequences associated with deficit […]
Alaska education leaders, state officials detail preparations for new school year ANCHORAGE – The House Education Committee today heard testimony from Alaska education leaders and state officials on the challenges ahead for schools preparing to safely teach 130,000 students amid a global pandemic. “These are unprecedented times, and Alaska’s families, children, teachers, school districts, and Department […]
Now that the Legislature adjourned after more or less authorizing CARES Act funding, people are asking, “Where is the money and how is it being distributed?” To answer this question, we first need to understand what happened and what should have happened. Alaska’s constitution designates the Legislature the sole power to appropriate. To a […]