Posts tagged: sales tax
Rep. Shirley Ringo and former gubernatorial nominee Robert Huntley are reviving a plan to cut the sales tax rate from 6 percent to 5 percent, while eliminating exemptions and expanding the tax to many services. They say new revenue — an estimated $371 million on top of current collections of just over $1 billion — should be directed to restoring funding to education, Medicaid and other programs subject to deep cuts in the past three years. … Their plan would retain the production exemption on sales of goods and equipment used by agriculture and other businesses and continue to exempt health care. But it would lift 21 exemptions and exceptions/Dan Popkey, Idaho Statesman. More here.
Question: What do you think of the sales tax reform proposed by Robert Huntley & Shirley Ringo?
Even as dozens of Idahoans are testifying to JFAC that Idaho should look to more revenue - including, many have suggested, possibly taxing Internet sales - rather than cutting services to the disabled, House Speaker Lawerence Denney has single-handedly sidelined a bill that was moving along to open the door to future online taxes/Betsy Russell, Eye On Boise. More here.
Question: Should Internet sales be taxed to raise revenue for cash-strapped Idaho?