NEWS: New Analysis Shows Current Oil Tax System Vastly Shortchanges Alaskans
February 18, 2016
Juneau – Today, Representative Les Gara (D-Anchorage) released an analysis of Alaska’s current oil tax system by the Alaska Department of Revenue’s Tax Division. The analysis shows that Alaskans are being vastly shortchanged by the current oil tax system.
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Rep. Wool’s Newsletter: Happy New Year Edition
December 31, 2015
I hope you are all having a wonderful holiday season and have a fun and safe New Year. Here’s some of the results of the budget survey I sent out in November.
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Rep. Tarr’s Newsletter: Can I Buy You Breakfast? Let’s Talk About the Budget.
December 18, 2015
On December 9th Governor Bill Walker released his budget. His budget addresses the 3.5 billion dollar deficit the state of Alaska currently faces largely as a result of low oil prices.
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Rep. Josephson’s Newsletter: NSAP & the U-Med
December 10, 2015
This morning Governor Walker released the details of his New Sustainable Alaska Plan (NSAP) to the public. This announcement came one day after the publication of the new Revenue Sources Book, which breaks down how much Alaska really made during the previous fiscal year. Alaska finds itself in a fiscal crisis highlighted by multi-billion dollar state deficits. I cannot say that I agree with all of the Governor’s policies at first glance. I believe that to say “yes” or “no” to all or some of the Governor’s proposals at this time would be premature since we haven’t had an opportunity to study the impacts.
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NEWS: Massive Scope of Proposed Fiscal Changes Demands Thorough Review of Impacts on Alaskans of All Income Levels
December 9, 2015
ANCHORAGE – Today, Alaska Governor Bill Walker unveiled an ambitious budget plan called “The New Sustainable Alaska Plan” that shifts much of the burden of paying for state government from the oil and gas industry onto the backs of hard-working, average Alaskans. The Governor’s proposal includes fundamental changes to how vital state services in Alaska are funded including new or increased taxes on income, fishing, mining, tourism, alcohol, tobacco, and motor fuel. The Governor’s proposal also makes drastic cuts to vital early education opportunities in Alaska and would result in significantly reduced Permanent Fund Dividends. The 13 members of the Alaska Independent Democratic Coalition thank Governor Walker for his leadership and the public process used to come up with the proposed budget plan but will insist that every proposed change be thoroughly vetted by the Alaska Legislature.
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