House Bill 463 would make substantial changes to Idaho’s tax code, in part as a response to recent federal tax cuts. The legislation would also cut Idaho’s state income tax rates for households and corporations, changing significantly the way the income tax load is carried by residents. The proposal also includes a nonrefundable state child tax credit, although this does not offset the tax increases for some Idaho families from full conformity.
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Idaho’s Recent String of Income Tax Cuts Jeopardizes Investments in Public Services
- Every year, Idaho tax dollars are spent to ensure families receive a good education, live in safe communities, experience good health, and drive on