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More Idaho Cronyism Dead Ahead

If you like Idaho Gov. C.L. (Butch) Otter's corporate cronyism, you'll love what Otter's Commerce Director, Jeff Sayer, has in store. Under Sayer's Idaho Reimbursement Incentive Act, companies would get a 30 percent cut in income taxes, sales taxes and payroll taxes for 15 years - in exchange for creating at least 20 jobs in a rural area or 50 jobs in an urban setting that pay at least the average wage in the county where it's locating. For the company, it's easily worth millions. How much good it does you, however, is very much in doubt. Unlike other Idaho tax incentives, this one is refundable - which means the company actually can get a check from the state. There is no limit on the size of the a project's tax credit. There is no limit on the aggregate amount of all tax credits/Marty Trillhaase, Lewiston Tribune. More here.


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About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

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