The Idaho Center for Fiscal Policy has released an analysis of HB 463, the governor’s tax-cut bill that’s headed to a vote in the full house, and it found that the bill would increase taxes on larger middle-class families while shifting the tax load away from wealthier Idahoans. “Legislators have expressed a desire to adjust our tax code to hold Idaho families harmless from federal tax conformity, but this proposal actually increases taxes on larger families,” said Lauren Necochea, center director. “This proposal does not meet the objective of protecting middle-class families because the benefits are targeted most heavily toward the few top earners in our state.”

The full analysis is online here.