ANCHORAGE, Alaska (AP) — Gov. Bill Walker’s latest proposal for closing the gap between state revenue and spending is a limited tax on payroll wages and self-employment income.
Walker, an independent, is calling the proposal a modified “head tax.” The matter will be addressed at an Oct. 23 special session, the fourth this year, that Walker announced Friday. A crime bill is also on the agenda.
The Republican-led Senate earlier this year rejected a House-passed income tax. The state is grappling with a multibillion-dollar deficit amid continued low oil prices.
Walker’s proposal would partially c...
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