Alaska is one of seven states without a personal income tax, one of five states without a state sales tax and the only state with neither. We have three main sources of revenue: oil, federal funding and investment earnings, but we mostly only use the first two to provide government services. Learn More »
The Permanent Fund is Alaska’s biggest savings account. Earnings on the investment of the fund are used to pay dividends to Alaskans and to inflation proof the fund but there is no law preventing them from being used in other ways. However, the principal of the Permanent Fund cannot be spent without a constitutional amendment approved by Alaska voters. Learn More »
Where Does Alaska's Money Come From? Explore the sources of our state revenue in this data vizualization.