The mining newspaper for Alaska and Canada's North

Splitting the difference

Resource committee proposes small mining tax hike; sends bill on its way

Alaska's mining sector is the target of a potential tax hike as lawmakers look for new revenues to help close the state's nearly US$4 billion budget deficit. For perspective, this fiscal gap is roughly 35 percent larger than the worth of all the zinc, gold, silver and lead mined in Alaska during 2015.

The proposed mining tax increase is part of Gov. Bill Walker's larger budget balancing plan that...

 

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