NEWS: Democratic Lawmakers Call on the Alaska Aerospace Corporation to Return Unused State Money
March 7, 2016
Juneau – Today, Representatives Les Gara (D-Anchorage), David Guttenberg (D-Fairbanks), and Andy Josephson (D-Anchorage) issued a call for the state run Alaska Aerospace Corporation to return most of the remaining funds left unspent from the roughly $98 million in state general funds appropriated since 2009.
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NEWS: Legislation Seeks Corporate Shareholder Approval for Spending to Influence Political Campaigns in Alaska
February 24, 2016
Juneau – Today, Representative Andy Josephson (D-Anchorage) formally introduced legislation requiring corporations in Alaska to get an affirmative vote from a majority of shareholders before spending corporate money on political campaigns or issues. Rep. Josephson confirms that House Bill 343 is in direct response to the 2010 Citizens United decision by the U.S. Supreme Court allowing corporations to spend unlimited amounts of money on elections to support or defeat candidates or issues.
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Note from Rep. Gara: Closing Gaping Corporate Tax Loophole
February 11, 2016
Today I submitted legislation to close a gaping loophole in Alaska’s corporate tax. My press release on this bill follows.
If we are to close a nearly $4 billion budget gap, the revenue we seek needs to be balanced. It can’t disproportionately hit those who have little when we have tax loopholes that benefit those who have the most.
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NEWS: It’s Time to Close Corporate Tax Loophole in Alaska
February 11, 2016
Juneau — Alaska has a corporate tax, but over 5,000 corporations are exempt under current Alaska law, despite the fact that many of the corporations are highly profitable. Today, Representative Les Gara (D-Anchorage) filed legislation to close the loophole, which he contends the state can no longer afford due to a nearly $4 billion budget deficit. Rep. Gara believes closing Alaska’s corporate tax loophole should be part of a balanced fiscal plan that is fair for all Alaskans.
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Note from Rep. Gara: Millions In Corporate Subsidies Cost More Child Neglect & Increase Our Deficit
February 24, 2015
Giving away money to those who can afford to carry the burden, and burdening five year-olds taken from their parents, who suffer abuse and neglect isn’t the right way to address our budget problem. It’s unworkable. It’s not humane.
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