Rep. Marv Hagedorn, R-Meridian, wants to reduce personal and business income taxes in Idaho, lure businesses to the state, and ultimately increase overall tax revenues for Idaho and he is getting support for his plan in a big way. Gov. Butch Otter backed the proposal in his State of the State address in at the Capitol in Boise Monday, mentioning Hagedorn by name. Hagedorn’s bill is a 10-year plan that would lower personal and corporate income taxes in the state to a flat 4.9 percent, making it one of the lowest rates in the United States/Dustin Hurst, Idaho Reporter. More here.
Question: Would you like to see a flat rate of 4.9 percent be used to determine Idaho income taxes?