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Don’t look now, but …

The Legislature’s Tax Working Group is meeting again today, and first up, hearing a report from Idaho State Tax Commission Tax Policy Manager Mike Chakarun on what would happen if the current $100,000 exemption from personal property tax for business equipment were raised to $250,000, $500,000 or $1 million. At $250,000, the state would have to reimburse counties for another roughly $10.5 million in locally assessed property taxes; at $500,000, $19.7 million; and at $1 million, $30.2 million. That’s on top of the $18 million a year the state is now reimbursing counties for the cost of the current $100,000 exemption/ Betsy Russell , Eye on Boise. More here .

Question: Do you trust these guys to make a fair tax system fairer?

* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog