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Spokane, Washington  Est. May 19, 1883

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MT: Risch Helped By Tax Shift

A year ago, Democratic Senate candidate Larry LaRocco claimed his Republican rival, Jim Risch, had benefited handsomely from the tax shift Risch engineered during his brief stint as governor in 2006. Risch's bill cut property taxes by $260 million and boosted the sales tax by 20 percent, raising $210 million. During a televised debate, LaRocco said the move saved Risch anywhere from $53,000 to $250,000. "That's a lie," Risch said. "If I got $53,000 out of this bill, I'll drop out of this race." Risch didn't drop out. He went on to win the seat, and because of that he's required to file a financial disclosure report. That report says he's worth at least $19.29 million, making him the 13th wealthiest member of Congress. The report also says he owns at least $16 million in real property, most of it in Idaho. With land that valuable, theoretically the tax cut would be worth $48,000 to Risch/Marty Trillhaase, Lewiston Tribune. More here.

Question: Were you helped or hurt by the 2006 tax shift?



D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

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