Publisher’s Note: As readers of these pages may recall Alaskans for Sustainable Budgets also maintains a separate blog providing news & commentary on Alaska fiscal and economic policy on national website Medium. The following piece appeared first on that website. ______________________________
Let’s be clear on this to start. We oppose state income taxes.
We oppose them for the same reason that others will assert as well, because of the adverse effect on the Alaska economy and families.
But let’s also be clear about something else, if that is your reason for opposing an income tax, then you should have opposed the PFD cut as well. Why? Because, according to ISER’s March and October 2016 studies, cutting the PFD has a larger adverse impact on overall Alaska income and jobs — the Alaska economy and families — than an income tax. Continue reading