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
House Bill 304 Helps Idaho Homeowners and Schools, but Misses Opportunity to Bolster Circuit Breaker
- Idahoans pay property taxes to contribute to improving their city and county infrastructure, like roads and schools. In response to the housing market boom
