"Anchorage investor tries to TORPEDO state income tax"? Looks like the writer of this story and his inflammatory headline sees only tax and spend as the solution and anyone that disagrees is branded a u-boat captain. While state income tax, raiding the permanent fund, and sales tax are a few of the items mentioned, the one that most choose to never ever deal with is cut the budget enough to make a difference. If you don't have money you have two choices. You can cut your budget or you can borrow knowing you don't have the resources to pay it back. Apparently the political folks don't have the intestinal fortitude to do what needs to be done. Sad.