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Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates consumers pay for electricity and natural gas after a federal tax overhaul reduced the corporate income tax rate by 14 percent.
The first bill of this year’s Idaho legislative session is a tax cut for Idaho employers that was proposed and widely supported last year, but got killed in the cross-fire between the House and Senate over other tax cuts.
Idaho gubernatorial hopeful Raul Labrador, currently the 1st District GOP congressman, released his economic plan late last week, and on top of the $900 million in tax cuts he’s already been advocating, he’s adding another $120 million-plus. Labrador’s “5-5-5 plan” to cut personal and corporate income tax rates and Idaho’s sales tax...
The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump’s $1.5 trillion tax cut. The milestone comes less than a year after the Dow topped 20,000.
U.S. employers added 148,000 jobs in December, a modest gain but still enough to suggest that the economy entered the new year with solid momentum.
Idaho gubernatorial hopeful Raul Labrador, currently the 1st District GOP congressman, released his economic plan today, and on top of the $900 million in tax cuts he’s already been advocating, he’s adding another $120 million-plus. Labrador’s “5-5-5 plan” to cut personal and corporate income tax...
Montana regulators want to make sure utility customers benefit from the recently passed tax overhaul that reduces corporate tax rates starting next year.
A country’s annual budget is often described as a moral document, defining the nation’s values. Its tax system codifies its fairness. Who pays into the system, and who reaps the rewards?
Idaho health care and home products company Melaleuca Inc. announced Thursday that it will be the latest major business to give its workers bonuses in response to President Donald Trump’s tax cuts.
Eastern Washington residents peppered Rep. Cathy McMorris Rodgers in a telephone town hall Tuesday with questions about the Republicans’ final tax bill.
The U.S. House voted 227-203 in favor of the GOP tax bill today, and Idaho Reps. Raul Labrador and Mike Simpson both lauded the bill; the Senate is expected to vote later today. “Any time we can allow hard-working Idahoans to keep more of their...
Republicans unveiled a final tax bill last week - The Tax Cuts and Jobs Act - that would significantly cut corporate taxes, while temporarily giving most Americans lower taxes until 2026.
Idaho officials say the federal tax reform bill currently being finalized in Congress likely will have a huge impact on state revenue collections, but they aren't sure yet whether the effect will be positive or negative, the Lewiston Tribune reports. Estimates from various state agencies suggest the tax reform effort could...
About 150 protesters gathered Monday afternoon in downtown Spokane to denounce Republican tax reform proposals moving through Congress. All In For Washington, Greater Spokane Progress and the Peace & Justice Action League of Spokane organized the event. Protesters marched from the Thomas S. Foley United States Courthouse to the local office of U.S. Rep. Cathy McMorris Rodgers on Post Street.
President Donald Trump sought Sunday to gloss over the difficult work ahead for lawmakers laboring to finalize tax cut legislation he can sign by his self-imposed Christmas deadline.
It’s going to take both tax increases and spending cuts to rein in the debt. All programs must be on the table. As the Gang of Six acknowledged in 2011, there is no easy way out.
When Idaho GOP Rep. Raul Labrador, speaking via video, was asked to address tax policy last week at the Associated Taxpayers of Idaho annual conference, he said Idaho’s government “needs to be slashed.”
Idaho Gov. Butch Otter drew a line in the sand Wednesday, warning that he’s still firmly opposed to removing Idaho’s 6 percent sales tax from groceries.