I've not reviewed this latest report from ISER - but as with many ISER impartial, thorough data-driven analytics, I'm sure it's both informative & fairly dense - presenting options rather than table-pounding conclusions - I'll read it during breaks as I prepare for summer "House-guests From Hell"!  But I will pound the table for my own 5 conclusions:
1.  More budget cuts are inevitable OVER TIME- But too many cuts all at once will only cause a HUGE recession to add to our woes. We need revenues too.
2.  The proposed 01,5% income tax is quite small -- before oil we had an income AND a school tax, Most working Americans pay State income AND sales taxes. And we are already cutting the income of the poorest Alaskans with PFD cuts.
3. Cuts to oil incentives MUST accompany income taxes & PFD cuts.
4.  We should use the above + interest from PFD investments to fund government services.
5. We should use the PFD system to provide VERY direct & efficient, useful services to Alaskans (see below)