First, Charles suggested Compromise is not very Grand.
Second, I am the person who suggested a "Grand Compromise" in the first place many moons ago and Charles is stealing my idea.
Third, any broad based tax will be subject to a lawsuit as long as the PFD is maintained. There are numerous grounds to do so including for example taxing a non-resident while paying residents a Dividend. There are also State Constitutional reasons that I have outlined previously.
The real Grand Compromise is to suspend the Dividend after this year, pay a final full $2000 Dividend this year, and start a very modest Income tax next year of 5% of federal 1040 line 43 taxable income. This tax will only affect 50% of Alaskans who now pay federal income tax. It would amount to approximately 1% of the average taxpayers income. The first tax payment would not be due until 2019.
This is a balanced and fair approach and will logically balance our State budget.