Raising oil, corporate taxes is least-painful option for reducing Alaska deficits, ISER concludes

By: James Brooks

Outlets: Alaska Beacon

Published: January 30, 2026

Words: 1,035

Last Updated: 3 weeks, 5 days ago

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A new nonpartisan report by the Institute of Social and Economic Research at the University of Alaska Anchorage has concluded that raising oil and corporate taxes to balance Alaska’s budget likely has the lowest negative side effects for Alaskans’ jobs and income.

The report, eagerly anticipated by state lawmakers and experts, comes as legislators consider ways to balance Alaska’s expenses and revenue over multiple years.

Commissioned by the administration of Gov. Mike Dunleavy, …

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