I disagree. Cutting the PFD first is not the most equitable way. A graduated state income tax would be the most equitable. And maybe a seasonal sales tax with Alaskans exempt.  An income tax would claw back tens of millions that TEXAS gets as income tax!  That money is made here, and should be taxed here for the state`s infrastructure.
 A struggling family of five would lose far ore of a percentage of their income economically than higher wage earners. Say they lose half the PFD.  In five years that struggling young family would lose $1,000 x 5 x 5 years=$25,000!  Where a higher income couple or singles would lose a far smaller percentage of their gross income.  Where is the equity in that?