As the coronavirus continued to upend the global economy Monday in ways that threaten the stability of Alaska’s budget, the Permanent Fund and the tourism industry, Gov. Mike Dunleavy called a news conference to soothe Alaskans’ anxiety.
The evidence is clear that Alaskans would pay more under a statewide general sales tax than a state income tax. So why do polls consistently show that a statewide general sales tax is less objectionable to more Alaskans than a state income tax?
One of the biggest economic unknowns is what the coronavirus epidemic will mean for Alaska’s summer tourism. With a viral infection in the news, will they still want to crowd onto airplanes and cruise ships to get here?
Guettabi predicts the land voucher program's overall impact on the state's treasury – and urgent budget crisis – is likely to be marginal. It's an interesting proposal, he says, but "I don't anticipate it saving the state hundreds of millions of dollars in the short run."
The 2020 CBPP Business Plan Competition's purpose is to inspire and encourage entrepreneurship and economic development. The competition will be held at the Lucy Cuddy Dining Room from 5pm to 7pm Friday March 27, 2020.
