Gov’s budget plan adds income tax, reduces PFD

Gov. Bill Walker released his battle plan today for dealing with the state’s behemoth budget deficit. It includes Alaska’s first income tax since 1980, and a complete overhaul of how the state uses the permanent fund — effectively cutting PFD checks in half next year.
Gov. Walker unveils his budget plan on Wednesday, Dec. 9. Photo: Rachel Waldholz/APRN.
The plan would also raise taxes on mining, fishing and tourism; on alcohol and tobacco; and on fuel for cars and trucks,