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In comments earlier this morning at the AP legislative preview, House Majority Leader Mike Moyle, R-Star, appeared to back off from a proposal he’s put forth to phase in big tax cuts, starting this year, by reducing Idaho’s individual and corporate income tax rates. With the revenue numbers, Moyle said, “We don’t know … if that’s going to be doable.” He added, “But it’s still something we would like to look at. … We’d like to do something to spur the economy.”
House Speaker Lawerence Denney said, “I think that that bill will be introduced and I think that there will probably be a very lively discussion about it.” Responded House Minority Leader John Rusche, “I think it’s irresponsible.”
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souper6 on January 08 at 11:58 a.m.
Once again the rodent farmer of Middleton doesnt get it. When will the House Leadership start initiating programs to bring high paying high tech jobs to Idaho? Oh wait! They cant. They keep cutting higher education budgets so people have to go out of state to get educated and to find high paying jobs. I guess the mink farmer of Middleton doesn’t get it. business must be good since no one in the US dares buy fur coats. I think he wants an agriculture subsidy from the Feds. Mike Moyle the real Welfare Mom in Idaho.
IdahoRed on January 14 at 1:09 a.m.
The nice thing about hindsight is it’s 20/20. History tells us that cutting taxes has always spurred the economy. With Idaho’s inhospitable tax environment, is it any wonder that businesses are closing their doors for good or moving their businesses out of state?