Click on graph to enlarge.
Let me be absolutely crystal clear about one thing. The budgets which Sean Parnell has proposed, the legislature has passed and Sean Parnell has signed over the last three years, combined with what he has said on the record about the budgets he intends to propose over the next five years are leading inevitably to one thing: statewide income or sales taxes, if not both, and use for government spending of a portion of the earnings of the Permanent Fund. Period, end of sentence.
As far back as 2011, the University of Alaska-Anchorage’s Institute of Social and Economic Research (ISER) had this to say about Alaska’s fiscal future:
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Thoughts on Alaska Oil & Gas 
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