Dermot remains in deep denial. There will be no income tax until the Dividend is ended. The Dividend poisons every reasonable discussion of budget alternatives. The R's want to slash government and the D's want to tax us. That is a reasonable political debate. What is unreasonable is that the politicians avoid the most logical (and most unpopular) solution: End the Dividend (for the foreseeable future). To many, the Dividend also achieves their ideological goal of income redistribution. Taxation to finance un-affordable "dividends" is simply confiscation. Thankfully we have a State Constitution to prevent such schemes from succeeding.
This should be the last year for the Dividend and then start a low rate income tax in 2018 (5-6% of fed tax liability). If we did that, we would protect and grow the Permanent Fund and virtually eliminate the budget deficit. Too simple and too logical I guess.