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Bill Walker on Tax Reform

 

 


Tax privately held companies not paying corporate taxes

Walker outlined a few changes he'd like to see. He'd like to repeal oil tax reforms implemented and move to what's known as a gross tax, a tax on each barrel of oil, rather than a tax on net profits. The oil and gas industry is "a huge part of our economy, but I think we just need to have better alignment on our resource development," he said. Walker said he'd also like to see the state apply taxes to large privately held companies that don't currently pay corporate taxes.
Source: Alaska Public Media on 2026 Alaska Gubernatorial race , May 28, 2026

Proposes modest increase in income tax

I'm proposing a modest income tax linked to the federal income tax. It amounts to less than 1 percent of the gross income for the average Alaskan. We selected an income tax over a sales tax for a couple of reasons. We wanted out-of-state workers who commute back and forth to Alaska to contribute to the solution. We also were sensitive to local governments that already have a sales tax. We didn't want to stack a state sales tax on top of a local sales tax.
Source: 2016 State of the State speech to Alaska legislature , Jan 21, 2016

Increase on alcohol and tobacco tax

We are also proposing an increase to the alcohol and tobacco tax. I think of these as user fees. Alaskans are free to make their own choices, but there are significant public health and safety costs related to alcohol and tobacco use. These hit our general fund hard, and these taxes help offset those costs.
Source: 2016 State of the State speech to Alaska legislature , Jan 21, 2016

Other governors on Tax Reform: Bill Walker on other issues:
AK Gubernatorial:
Bernadette Wilson
Billy Toien
Christopher Kurka
Click Bishop
Jonathan Kreiss-Tomkins
Les Gara
Mike Dunleavy
Nancy Dahlstrom
Tom Begich
AK Senatorial:
Andy Barr
Dan Sullivan
Kelly Tshibaka
Lisa Murkowski
Mary Peltola

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Page last updated: Sep 26, 2026; copyright 1999-2022 Jesse Gordon and OnTheIssues.org