February 11, 2016

The Coalition working for you

Rep. Tarr’s Newsletter: Say No to Food Waste & Frankenfish in Alaska

February 11, 2016

February started out with a bang and a bit of sunshine. The budget situation has us all looking for ways to be more efficient with our resources. One issue getting a lot of attention is the issue of food waste. Last September, the US Secretary of Agriculture called for a 50% reduction in food waste by the year 2030 and in December the federal government passed new tax incentives aimed at making it easier for businesses, including restaurants, grocery stores, and fisherman, to donate food.

Note from Rep. Gara: Closing Gaping Corporate Tax Loophole

February 11, 2016

Today I submitted legislation to close a gaping loophole in Alaska’s corporate tax. My press release on this bill follows.
If we are to close a nearly $4 billion budget gap, the revenue we seek needs to be balanced. It can’t disproportionately hit those who have little when we have tax loopholes that benefit those who have the most.

NEWS: It’s Time to Close Corporate Tax Loophole in Alaska

February 11, 2016

Juneau — Alaska has a corporate tax, but over 5,000 corporations are exempt under current Alaska law, despite the fact that many of the corporations are highly profitable. Today, Representative Les Gara (D-Anchorage) filed legislation to close the loophole, which he contends the state can no longer afford due to a nearly $4 billion budget deficit. Rep. Gara believes closing Alaska’s corporate tax loophole should be part of a balanced fiscal plan that is fair for all Alaskans.