Stories tagged: tax cuts
Tue., May 2, 2017, midnight
Samuelson: Gap between expectations, taxation too wide
Our wants and needs from government exceed our willingness to be taxed.
Thu., April 27, 2017, 7:38 a.m.
Trump tax plan leaves Congress, Ryan with heavy lift
President Donald Trump’s tax plan leaves much of the heavy lifting to Congress, while ignoring years of hard work by the guy who will have to do a lot of …
Tue., April 25, 2017, 12:58 p.m.
Official estimate could upend Trump tax plan before release
A new congressional estimate could upend President Donald Trump’s tax plan even before he releases it.
UPDATED: Mon., April 24, 2017, 6:06 p.m.
Trump seeks 15 percent corporate tax rate, even if it swells the national debt
President Donald Trump has instructed advisers to drastically cut the corporate tax rate even though doing so will expand the deficit and grow the national debt, sticking to one of …
UPDATED: Thu., April 13, 2017, 7:45 a.m.
Trump changes course again, says Obamacare repeal must happen before tax overhaul
President Donald Trump and a top adviser on Wednesday pushed back plans to overhaul the tax code, saying they wanted to prioritize first a renewed effort to repeal the Affordable …
UPDATED: Wed., March 29, 2017, 10:59 p.m.
Idaho lawmakers kill tax break for employers, end legislative session
A $115 million unemployment insurance tax rate cut for Idaho employers fell victim to late-session battles between the Idaho House and Senate on Wednesday, as lawmakers ended a stormy legislative …
UPDATED: Mon., March 27, 2017, 10:24 p.m.
Idaho lawmakers back repeal of sales tax on groceries, send bill to Gov. Otter
Idaho would repeal its 6 percent sales tax on groceries on June 1, 2018, if Gov. Butch Otter doesn’t veto the bill – but he’s hinted he might well. The …
UPDATED: Thu., March 23, 2017, 10:52 p.m.
Idaho House hijacks unemployment insurance tax cut bill to add on income tax cuts
Idaho House members hijacked the Senate-passed unemployment tax rate cut on Thursday and decided to amend it to add an income tax cut into the bill.
UPDATED: Wed., March 22, 2017, 4:51 p.m.
Idaho Senate backs grocery tax repeal, 25-10
Idaho would remove its 6 percent sales tax from groceries in June 2018, if legislation passed by the Idaho Senate on a decisive 25-10 vote Wednesday becomes law.
UPDATED: Wed., March 22, 2017, 11:50 a.m.
Idaho Senate votes 34-1 for 30% cut in unemployment tax for Idaho employers
The Idaho Senate has approved a major tax-cut bill for Idaho employers, passing SB 1195 on a 34-1 vote Wednesday to cut the unemployment premium tax rate that employers pay, …
Sat., March 18, 2017, midnight
Froma Harrop: Blue states can afford subsidies
The House bill would vaporize the taxes that pay for Obamacare. Half the value of these tax cuts would go to million-dollar-plus incomes.
UPDATED: Fri., March 17, 2017, 7:25 a.m.
In surprise action, Idaho Senate votes to repeal state’s 6% tax on groceries
In a showdown on the floor of the Idaho Senate, backers of removing the state’s 6 percent sales tax from groceries successfully held off a series of amendments proposed by …
UPDATED: Wed., March 15, 2017, 10:52 p.m.
Idaho House, Senate near compromise on tax cuts
A compromise is emerging between the Idaho House and the Senate on tax cuts, as lawmakers push to wrap up this year’s legislative session.
Tue., March 14, 2017, 8:47 a.m.
Trump’s counties lose out to Clinton’s in GOP health tax cuts
The very first individual tax cuts officially endorsed by President Donald Trump don’t offer great news for most of his supporters: Counties that backed him would get less than a …
Wed., March 1, 2017, 10 a.m.
Stocks surge in early trading; Dow crosses 21,000 points
Banks and other financial companies led U.S. stocks sharply higher in morning trading Wednesday, pushing the Dow Jones industrial average above 21,000 points for the first time. Energy and materials …
Thu., Feb. 2, 2017, 4:46 p.m.
Idaho House passes tax-cut bill in party-line vote
The Idaho House voted along party lines in favor of a $51 million income tax cut on Thursday, sending the measure to an uncertain fate in the Senate.
UPDATED: Tue., Jan. 31, 2017, 10:16 p.m.
Bill to cut corporate and personal tax rates in Idaho clears committee
Tax-cut legislation that would trim Idaho’s top personal and corporate income tax rates cleared a House committee Tuesday on a party-line vote and headed for the full House.
Sat., Dec. 17, 2016, 12:01 p.m.
Eye on Boise: Gov. Butch Otter’s name floated as potential agriculture secretary in Trump administration
Given the on-and-off announcements about various prospective Trump appointees in recent days, it’s with some hesitance that I pass along this maybe-news: Idaho Gov. Butch Otter now is supposedly among …
Wed., Nov. 30, 2016, 8:15 a.m.
Trump’s Treasury, Commerce nominees say no ‘absolute’ tax cut for the wealthy, predict faster economic growth
President-elect Donald Trump’s nominee to lead the Treasury Department on Wednesday called reforming the nation’s tax code his top priority, promising significant tax breaks for the middle class but no …
Mon., Nov. 14, 2016, midnight
Robert J. Samuelson: Uncertainty will certainly trip Trump
A huge contradiction sits at the core of his economic agenda. He wants faster economic growth, but his proposed policies would also elevate economic uncertainty – and uncertainty hurts growth
Tue., Oct. 4, 2016, midnight
Robert J. Samuelson: Rosy Scenario gets magic wand
The notion that Trump can wave a magic wand over these matters and – presto! – produce vast revenues is either wishful thinking or deliberate deception.
Tue., July 19, 2016, midnight
Robert Samuelson: Don’t expect truth-telling in Cleveland
The pledge to make America great again” is not an economic project. It’s an exercise in mass psychology.
Sun., March 20, 2016, 4 a.m.
Eye on Boise: Lawmaker’s anti-Sharia bill draws fire
North Idaho Rep. Eric Redman’s anti-Sharia law bill drew lots of negative comments at a public hearing last week; it’s now awaiting amendments and its fate is uncertain.
Sun., March 13, 2016, 4 a.m.
Eye on Boise: Democrats make statement by rejecting art budget
As the Idaho Legislature lurches toward what are supposed to be the final two weeks of this year’s session, an unexpected bump came late last week when the House killed …
Mon., Feb. 1, 2016, 1:54 p.m.
Idaho House panel backs tax-cut bill
An Idaho House panel has cleared a $22.6 million tax cut proposal that would lower tax rates for the state’s top individual earners and businesses.
Sun., Dec. 20, 2015, midnight
Eye on Boise: North Idaho road projects make the cut
Interstate 90 interchange at Wolf Lodge is slated for upgrade.
UPDATED: Tue., Oct. 6, 2015, 10:34 p.m.
Idaho Commerce chief: Don’t cut taxes, invest in talent
At its first public meeting Tuesday, a panel of a dozen Idaho legislators looking into possible tax-relief plans heard some surprising counsel from the state’s commerce chief: Don’t cut taxes. …
Sun., Feb. 22, 2015, midnight
Eye on Boise: School donations bill stalled in House
Legislation proposed by the state Board of Education to extend a popular tax credit for donations to schools has been hung up in a House committee for more than six …
Tue., Jan. 13, 2015, midnight
Otter urges school funding hike, tax cuts in State of State message
BOISE – Idaho Gov. Butch Otter called for boosts to school funding and tax cuts for businesses and top earners in his State of the State message to a joint …
Sun., Oct. 26, 2014, midnight
Smart Bombs: Idaho voters face Ybarra test
When Idaho schools superintendent candidate Sherri Ybarra was asked why she omitted a divorce from her personal history, she told the Idaho Statesman, “My brain doesn’t operate in the past.” …