Edit: Here Comes ‘Son Of Risch’
Some of the same people who brought you the Risch tax shift of 2006 are up to their old tricks. As you remember, former Gov. - and now U.S. Sen. - James Risch strong-armed the Idaho Legislature to lower property taxes on the wealthy, raise sales taxes on the working poor and destabilize funding for the public schools in the process. Now comes Son of Risch. As the Idaho Statesman’s Bill Dentzer reported, these lawmakers plan to raise $150 million for Idaho’s crumbling highway and bridge network by:
- Raising Idaho’s sales tax rate to 7 percent from 6 percent.
- Exempting grocery purchases from the sales tax.
- Fixing Idaho’s income tax at a flat 6.6 percent.
Now if you’re sitting on top of Idaho’s economic ladder, you might consider calling these legislators to express your gratitude. They’ve just handed you a tax break. But if you’re among the masses struggling in Idaho’s low-wage economy, you’ll pay more/ Marty Trillhaase , Lewiston Tribune. More here.
* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog