IACI Targets Personal Property Tax

The personal property tax is shaping up to be one of the key issues of the 2013 legislative session.  For years, the Idaho Association of Commerce and Industry has lobbied for the tax to be repealed or phased out.  Lawmakers and Gov. C.L. “Butch” Otter appear to have decided that this is the year to get down to brass tacks.  Counties and cities are pushing back. The governor summarized the main questions about getting rid of the personal property tax in an appearance at the Associated Taxpayers of Idaho conference this week.  “What is the process that we should use?” he asked.  “Should we take a multiple year approach to it?  Should we replace the funds, and if so, how?  Where is that revenue stream going to come from?”/ Molly Messick , StateImpact. More here.

Question: Do you support the repeal/phasing out of Idaho’s personal property tax?