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February 15, 2017

Alaska: $14M cost to start income tax

JUNEAU, Alaska (AP) — 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 $25, whichever is greater.


 
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