Mastodawn

AKs 4 Sustainable Budgets May 16, 2025

Some #akleg claim to prioritize middle & lower-income #AKfams by pushing various programs. But by funding them with #PFDcuts, in fact those programs are materially reducing the income of those #AKfams and, indeed, throwing more into poverty. Want to really help? Focus on this. https://buff.ly/Mum1kUp

Brad Keithley’s Chart of the Week: Alaska has a revenue design problem

In a recent op-ed that is making its way through the state’s newspapers and other media outlets, former Revenue Commissioner Bruce Tangeman rhetorically asks, “Does Alaska have a revenue problem or a spending problem? It takes a while for him to get...… Read More

The Alaska Landmine

AKs 4 Sustainable Budgets Apr 7, 2025

Some #akleg claim the POMV is the largest source of "state" revs over the current projection period. But that's just how the Top20%, #NonRez & #OilCos think about it. In fact, they are third. Oil remains the largest rev source w/ #PFDcuts (personal taxes largely on middle & lower-income #AKfams) second, followed only then by the portion of the POMV draw designated for govt under current law.

AKs 4 Sustainable Budgets Feb 26, 2025

#PFDcuts and a flat rate income tax both raise the same amount of rev. #PFDcuts do it by taking most from middle & lower-income #AKfams, while the Top20% & #NonRez dodge. A #FlatTax does it by taking the same broadly from ALL #AKfams + #NonRez. Why is #akleg SenFin using the first? https://buff.ly/3XufH58

Brad Keithley’s Chart of the Week: Is the fact that legislators live in a much different economic world than 80% of Alaska families leading to deep PFD cuts?

As we have been following the beginning of this...… Read More

The Alaska Landmine

AKs 4 Sustainable Budgets Feb 26, 2025

There's a huge difference b/w Sen. Yundt's #OilTax & Sens. Cronk & Kaufman's #PFDcuts. Yundt raises revs by leveling the current tax structure among #OilCos. Cronk/Kaufman raise revs by taking even more from middle & lower-income #AKfams, widening the income gap even further. #akleg https://buff.ly/4hRZrUK

AKs 4 Sustainable Budgets Jan 19, 2025

Show of hands. Using LegFin's rule of thumb, how many realize that the #akleg already 𝙞𝙨 collecting the equivalent of roughly 4.5% of AGI ($1.5bn, the size of the FY25 deficit) in income taxes (diversion of income to govt), just disproportionately from middle & lower-income #AKfams. #PFDcuts

AKs 4 Sustainable Budgets Nov 5, 2024

Jake badly misleads. By continuing to rely on #PFDcuts, his "common-sense" #akleg would be the worst for middle & lower - working - #AKfams. It is the dream outcome for the Top20%, #NonRez & #OilCos, though. #WhoPays reveals #WhosSideAreYouOn https://buff.ly/48DkeYf

OPINION: Alaska needs a common-sense Legislature

This election, vote for pro-growth candidates who are committed to working together in bipartisan majorities.

Anchorage Daily News

AKs 4 Sustainable Budgets Nov 3, 2024

The #BigLie by omission. According to DOR's Spring 2024 forecast, more production 𝙞𝙨𝙣'𝙩 - repeat, 𝙞𝙨𝙣'𝙩 - leading to more state revenues. Even as production rises, revenues are staying flat. #akleg

Yes, the #OilCos, #NonRez & their contractors are getting richer, but average #WorkingAKfams? Nope. They are stuck paying the bill through growing #PFDcuts.
https://buff.ly/3YuaSJU