Eye On Boise

Tax goodies for business

Four new bills were introduced in the House Revenue & Taxation Committee this morning to give tax breaks to business. The first, from Gov. Dirk Kempthorne, answers complaints that his big corporate incentive package would help only the biggest businesses, which likely would be in Boise. It would offer scaled-down tax goodies to smaller businesses that make less investment and offer not-quite so highly paid jobs.

Another bill from Rep. Mike Moyle, R-Star, would offer the breaks to a business creating only 10 new highly paid jobs.

Two other bills, sponsored by key House leaders, are designed for Micron Technology, and provide property tax and sales tax breaks.

Right after the committee introduced the bills with little discussion, Rep. Dennis Lake, R-Blackfoot, got into a heated discussion with Chairwoman Dolores Crow, R-Nampa, as the committee room emptied. Crow insisted that Idaho’s economy needs the boost, but Lake questioned that and noted that Idaho’s already growing.

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Eye On Boise

Short takes and breaking news from the Idaho Legislature and the state capital.





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