The Idaho Legislature is considering a proposal that would reduce the number of income tax brackets from seven to five, cut income and corporate tax rates and provide a one-time tax rebate. HB380 is a revised version of HB332, with one significant change, the elimination of two tax brackets, which serves to make Idaho’s tax system more regressive.
Read the full report here: Analysis and Considerations Related to House Bill 380
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
