Gara proposes tax on S-corporations
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The focus of most Alaska lawmakers in the first three weeks of the legislative session has been on cutting the state’s budget.
But Anchorage Democratic Representative Les Gara wants to make sure that these cuts don’t fall too heavily on working-class and low-income people.
Gara has instead proposed a bill that would apply a 6 percent tax on the owners of businesses that aren’t currently taxed by the state.
These businesses are called S-corporations and their owne
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