{"id":24347,"date":"2017-02-14T22:18:22","date_gmt":"2017-02-15T06:18:22","guid":{"rendered":"http:\/\/spijue.wpengine.com\/news\/state-outlines-costs-for-income-tax-implementation\/"},"modified":"2017-02-14T22:18:22","modified_gmt":"2017-02-15T06:18:22","slug":"state-outlines-costs-for-income-tax-implementation","status":"publish","type":"post","link":"https:\/\/www.juneauempire.com\/news\/state-outlines-costs-for-income-tax-implementation\/","title":{"rendered":"State outlines costs for income tax implementation"},"content":{"rendered":"

JUNEAU —<\/strong> State revenue officials estimate it would cost $14 million to develop software and otherwise build a system that would allow the state to administer a personal income tax.<\/p>\n

Legislation introduced in the Alaska House calls for a tax of 15 percent of the amount one pays in taxes to the federal government, or $25, whichever is greater.<\/p>\n

The Department of Revenue estimates it would need up to 60 more staff to fully implement an income tax. The department says that’s a rough estimate and that it would develop a plan to refine the numbers if the bill passed.<\/p>\n

Critics of a tax have cited implementation costs as a concern, but some legislators see a broad-based tax as a key piece for a fiscal plan.<\/p>\n

The department estimates that tax provisions in the bill would generate about $320 million next year and double that the following fiscal year, the first full year of implementation.<\/p>\n","protected":false},"excerpt":{"rendered":"

JUNEAU — State revenue officials estimate it would cost $14 million to develop software and otherwise build a system that would allow the state to administer a personal income tax. Legislation introduced in the Alaska House calls for a tax of 15 percent of the amount one pays in taxes to the federal government, or […]<\/p>\n","protected":false},"author":107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":4,"footnotes":""},"categories":[4],"tags":[230],"yst_prominent_words":[],"class_list":["post-24347","post","type-post","status-publish","format-standard","hentry","category-news","tag-state-news"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/24347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=24347"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/24347\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=24347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=24347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=24347"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=24347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}