New taxes for Anchorage

KTUU reports that the Anchorage Assembly has passed a new gasoline tax. Our assembly members have apparently expressed intent to lower property taxes commensurate with the amount of the new gasoline tax.  How long will that last? When was the last time taxes were lowered and stayed at the lower level?  

The Alaska Trucking Association has pointed out another pitfall, “if the Anchorage assembly adopts this ordinance, additional communities will impose similar local taxes creating a stove pipe taxation system”.  So this won’t just be for Anchorage. Prepare for a barrage of municipal-level gasoline taxes around the state.

Read the KTUU story here: