An agriculture tax-credit bill for “value-added” ag products was killed today in the House Revenue & Taxation Committee, though the same panel approved the bill last year and it passed the House 62-6, only to die in the Senate, reports Twin Falls Times-News reporter Melissa Davlin. Concerns raised in the committee included that the benefit should be broader, including such industries as mining. Among those changing their minds on the bill was Rep. Lawerence Denney, R-Midvale, who told Davlin, “I think it was convincing that it needs to be a broader credit to include everyone. And a lot of times, we do, in our tax policy, pick winners and losers, and I think that’s a bad way to do tax policy.”
Though no one from the group testified, Davlin reported that the Idaho Freedom Foundation claimed credit online with a tweet from its official account: “Idaho Freedom Foundation's latest victory: defeat of an anti-free market tax credit proposal in House committee this a.m.” The group reportedly placed a flier on the committee members’ desks, giving the bill a negative 2 rating on its “Freedom Index.” You can read Davlin’s full report here.