Assemblyman to propose 4 percent sales tax for Anchorage
Anchorage Assemblyman Bill Evans plans to introduce a 4 percent sales tax proposal to the Assembly next month.
He said it’s an effort to diversify the revenue coming into Anchorage. The sales tax would exclude necessities like medication and food. There’s also a $200 cap on it for large purchases, like a new car.
Evans said he wants to relieve some of the tax burden from property owners. The sales tax would still fall under the municipality’s overall tax cap.
“It, along with property taxes, will be part of that bucket the municipality can collect, so every dollar you bring in in sales tax is a dollar you don’t have to bring in in property tax,” Evans explained.
He plans to introduce the proposal at the Assembly meeting on Dec. 6. If it passes, it would go on the April ballot, where it would need 60 percent approval from voters.
The post Assemblyman to propose 4 percent sales tax for Anchorage appeared first on KTVA 11.