Here is why the Assembly changed the Anchorage tax cap: they needed more revenue to pay the exorbitant costs of the public union contracts. The median cost of a Muni employee is more than $136,000. There are more than 1,900 Muni employees who cost the Anchorage taxpayer more than $100,000. Salaries and benefits drive the expenses of the Anchorage Muni and thus drive up property taxes and rents. Vote YES on 8.