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Tax rates - Alaska vs. selected provinces

October 14, 2012

Alaska has the 4th lowest individual tax rates of any state. How do these rates compare to the northern Canadian provinces and territories ?

Commentary

Alaska has the lowest taxes in the north. It relies heavily on its non-renewable resource revenue for 95% of its state budget. Recently, production declines, lower world prices and high state outlays have caused deterioration in the State’s finances.

Sources