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Alaska
http://www.nytimes.com/2015/12/26/u...-mulls-first-income-tax-in-35-years.html?_r=0
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Alaskahttp://www.nytimes.com/2015/12/26/u...-mulls-first-income-tax-in-35-years.html?_r=0
One of the many welfare states that takes more from Washington than it kicks-in. Shows what happens when you don't diversifyThe governor, facing a profound fiscal crisis, has proposed the imposition of a personal income tax for the first time in 35 years. State lawmakers, who recently moved into a palatial new office building here, where they work when not toiling in the far-off Capitol in Juneau, are now seeking less costly digs.
And a state budget that was a point of Alaskan pride — and envy from around the nation — lies in tatters as revenue that flowed from selling crude oil from Prudhoe Bay over the past four decades has been swept away.
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