Alaska Gov. Walker presents 'compromise' proposal, with tax, to break deficit-reduction logjam

Gov. Bill Walker proposed a "compromise fiscal package" on Monday with a sharply reduced income tax in an effort to break the state Legislature's logjam over a budget and deficit-reduction plan.

An income tax has been the chief sticking point in the budget fight between the largely Democratic House majority, which wants it, and the Republican-led Senate majority, which doesn't. Walker wants each side to make concessions — the House by accepting an income or head tax that would raise $100...

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