Report: Idaho Going Downhill Fast
Idaho’s economic performance is declining on the heels of a “dramatic erosion in resources” due to tax policy changes and falling investments in K-12 and higher education, according to a new report from the Idaho Center for Fiscal Policy. The report notes that Idaho’s per-capita income is lower than all but one state, Mississippi; its low- and moderate-income residents pay a larger share of their incomes in taxes than do higher earners; per-student school funding is down 16 percent since 2008 in inflation-adjusted figures, while higher-ed funding per student is down 37 percent; and Idaho ranks 31 percent below the national average for tax collections and 41st in the nation for tax collections relative to income levels/Betsy Russell, Eye on Boise. More here.
Question: If election results are an indicator, your average Idahoans appears to be OK with the elected officials responsible for this sharp economic descent, right?