In his column today, executive director Wayne Hoffman of Idaho Freedom Foundation comments:
This winter, Idaho lawmakers and Gov. Butch Otter must figure out how to provide $100 million — and as much as $200 million — in tax relief. We’re talking about real tax relief. Why cut taxes? Because Idahoans are struggling to make ends meet, and the state’s confiscatory tax policies are squarely to blame. A person earning about $11,000 in taxable income finds herself in Idaho’s top tax bracket — 7.4 percent — the highest in the region. Cutting income tax rates, contrary to popular belief, doesn’t benefit just the rich, it benefits the working poor too. When it comes to tax reduction or elimination, another place to start is the sales tax on food. More here.
Question: Would you support tax cuts of up to $200 million in next year's Idaho budget?