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Dunleavy drops order to split Health and Human Services Department

Dunleavy drops order to split Health and Human Services Department
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SitNews: Alaska State Income Tax Proposed as Part of a Solution to Alaska s Budget Deficit

Alaska State Income Tax Proposed as Part of a Solution to Alaska’s Budget Deficit Posted and Edited By MARY KAUFFMAN March 07, 2021 Sunday PM (SitNews) Juneau, Alaska - Friday, 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 Alaska. Currently, nine other states have a flat broad-based income tax ranging from three to 5.25 percent. “The road Alaska is on has finally arrived at the edge of the fiscal cliff. Alaskans realize we need a balanced fiscal plan - a plan that relies on a balance of revenue sources and other solutions, not just on one or two major sources like oil and the Permanent Fund,” said Sen. Begich.

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