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
Understanding the School Facilities and Tax Relief Bill of 2024
- Idahoans care about the quality of their children’s education, and the quality of the school facility where their children receive their education. However, Idaho